History of AMEC (Engineering & Project Management Company)

History of AMEC (Engineering & Project Management Company)

History of AMEC (Engineering & Project Management Company)AMEC plc (LSE: AMEC) is a global consultancy, engineering and project management company headquartered in London, United Kingdom. It is focused on the oil and gas, minerals and metals, renewable energy, environment and infrastructure sectors and has offices in 40 countries worldwide. Roughly a third of its turnover comes from Europe, half from North America and 12% from the rest of the world.

AMEC is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

AMEC was first formed in 1848, when Matthew Hall opened a lead-work business in the UK. This later became the Matthew Hall Group of Companies. Separately, in 1883 Leonard Fairclough started a stone business in the UK, which expanded into construction at the turn of the century.

In 1982 Fairclough Construction merged with William Press (founded in 1913) to form AMEC plc. Six years later the Matthew Hall Group of Companies was incorporated into the AMEC Group.

In Canada, AMEC's roots date back to more than 100 years ago. In 1907 the Montreal Engineering Company was incorporated, and was in business for over 85 years before being acquired by AGRA in 1992. AMEC then bought this business in 2000. Watch our 100 years video for more information on our Canadian history.

In 1996, AMEC took control of Spie Batignolles from Schneider buying a +40% stake in association with a management buyout. In 2002-2003 it completed the purchase, and launched the AMEC SPIE brand for engineering services in Europe, a rail construction business AMEC Spie Rail was created, and the remaining construction business was retained by Spie Batignolles. The company announced that it would seek to sell the construction arm of the business Spie Batignolles, and entered negotiations to secure a management buyout of that division; the management buyout was completed in September 2003 with the aid of Barclays Private Equity Finance.

In 2002, AMEC published our very first sustainability report and have since been recognised by the Dow Jones Sustainability Index as one of the world’s top five companies for sustainability in the oil equipment and services sector. In 2009, AMEC was also added to the United Nations register of Global Compact participants.
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