Driver Group plc Hong Kong Acquisition (8099O)

TIDMDRV

RNS Number : 8099O

Driver Group plc

25 September 2013

Driver Group plc

("Driver Group" or the "Company")

Hong Kong Acquisition

Driver Group, the global construction consultancy to the construction and engineering industries, is pleased to announce further progress in its growth strategy for the Asia Pacific Region. The Company has acquired certain contracts and goodwill of PJ Consulting Limited and its proprietor Peter Ho, a Hong Kong based arbitrator, mediator and quantum expert. Peter Ho, an experienced, very well respected and long standing consultant in Hong Kong and the wider Asia Pacific market, will be joining the Company and will head up our Hong Kong office that will open on 1 October 2013.

Dave Webster, Chief Executive Officer of Driver Group, said "I am delighted with this transaction and look forward to working with Peter as we continue to serve his clients and ours in Hong Kong and beyond. This is another significant step in delivering our strategy of expanding our platform in Asia Pacific and providing support to clients in this region operating globally".

Enquiries:

 
 Driver Group plc 
 David Webster, Chief Executive         Tel: +44 (0)1706 223999 
 Damien McDonald, Group Finance 
  Director 
 Alan McClue, Non-executive Chairman    Tel: +44 (0)7791 546798 
 
 Charles Stanley Securities 
  Nominated Adviser & Broker 
 Marc Milmo / Carl Holmes              Tel: +44 (0)20 7149 6000

This information is provided by RNS

The company news service from the London Stock Exchange

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