Cyril Sweett, the international construction and property consultancy, is pleased to announce the acquisition of Roger Richards Partnership (“the Partnership”) for a consideration up to £250,000.  The acquisition will further strengthen Cyril Sweett’s diverse regional office network in the UK.

The Partnership has provided quantity surveying and project management services from its base in Cardiff since 1962.  The partnership has six full time staff working on projects for The Welsh Tourist Board, Eastern Valley Housing, Principality Building Society and Charter Housing as well as a local private customer base.

Commenting on the acquisition, Dean Webster, Chief Executive Officer, Cyril Sweett Group plc said:

“I am very pleased that the Roger Richards team has joined our Group.  It is important for us to have a firm base in South Wales to ensure we build market share through a combination of local and national clients. For this reason, the acquisition is strategically significant to the Group.  Given the cultural similarities between the businesses, I anticipate a swift and smooth integration. I would like to welcome our new colleagues to the Cyril Sweett business and I look forward to working with them.”