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	<title>New England Businesses for Sale &#124; New England Commercial Real Estate &#187; design</title>
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		<title>International Firm Engineers Strategic Acquisition</title>
		<link>http://www.newenglandbusiness.com/2008/11/international-firm-engineers-strategic-acquisition/</link>
		<comments>http://www.newenglandbusiness.com/2008/11/international-firm-engineers-strategic-acquisition/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 17:09:45 +0000</pubDate>
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				<category><![CDATA[Mergers and Acquisitions]]></category>
		<category><![CDATA[architecture]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[engineering]]></category>
		<category><![CDATA[Maine]]></category>
		<category><![CDATA[mergers and acquisitions]]></category>
		<category><![CDATA[professional services]]></category>

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		<description><![CDATA[PORTLAND, ME - AMEC, the international engineering and project management company has acquired OEST Associates, Inc. an engineering and architecture firm headquartered in Portland, Maine.]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="float: right; border: 1px solid black; margin: 10px;" src="http://www.newenglandbusiness.com/wp-content/uploads/2008/11/eng350.jpg" alt="" width="350" height="350" />PORTLAND, ME - AMEC, the international engineering and project management company has acquired OEST Associates, Inc. OEST is an engineering and architecture firm headquartered in Portland, Maine, with a satellite office near Orlando, Florida.  The New England professional services company was founded in 1982 and has more than 100 professionals serving private and public sector clients.</p>
<p>OEST augments AMEC’s ability to provide mechanical, electrical and structural engineering and architecture services, which are strategic to the continued growth of AMEC’s business with the U.S. Federal government.  The acquisition also bolsters AMEC’s civil engineering design and sustainable design resources in the U.S. and provides additional Leadership in Energy and Environmental Design (LEED) skills.</p>
<p>Harvey Oest, President and founder of OEST, said: “By joining AMEC we will add value for our clients and our staff.  As part of a growing and dynamic global organization, clients will have access to a broader array of services and our staff will see new technical and professional opportunities open up across the nation and abroad.”</p>
<p>The acquired company will continue to operate as OEST Associates, Inc. for a short interim period, until the necessary business, architecture and engineering licensure conversions to AMEC are completed. </p>
<p>AMEC provides consultancy, engineering and project management services to the energy, power and process industries. With annual revenues of over US$4 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. AMEC&#8217;s Natural Resources, Power and Process and Earth and Environmental businesses employ over 23,000 people in more than 30 countries globally.</p>
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