Binnies brand returns to UK water sector as RSK completes Black & Veatch acquisition

RSK has confirmed the completion of its acquisition of Black & Veatch’s UK and Asia water businesses. The acquisition – RSK's tenth in the current financial year – will that will return the Binnies brand to the UK water market.

RSK chief executive officer and founder, Alan Ryder (pictured), said: the acquisition was a significant step in RSK’s 2025 growth plan to become "the largest privately owned environmental and engineering business in Europe."

“A key part of RSK’s climate agenda is to unleash the natural capital contained in clean water to help address and mitigate the flood risks that exist in so many parts of the world.”

Some 1,200 former Black & Veatch employees will move into the RSK Group along with all contracts, assets and offices of the acquired entities.

The acquired businesses include UK-based Black & Veatch Limited, Black & Veatch Hong Kong Limited and Black & Veatch (SEA) Pte Limited in Singapore. These businesses will continue under the brand Binnies.

The addition of Binnies will increase the overall RSK headcount from 4,300 to 5,500 employees worldwide and take its annual turnover from £287 million in 2020 to an anticipated almost £450 million in 2021.