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LogiCamms buys MPA Consulting Engineers for $10.8m

Process and control engineering specialist company, LogiCamms, will acquire MPA Consulting Engineers (MPA), strengthening LogiCamms’ portfolio of civil, structural and mechanical design services.

LogiCamms will purchase MPA for approximately $10.8 million, comprising $5 million cash and the issue of approximately 6.8 million shares at $0.85 per share to MPA vendors.

MPA is a multi-discipline engineering firm that specialises in providing civil, structural and mechanical engineering design services. According to LogiCamms, this portfolio will enhance its offerings of electrical, control and process engineering consulting.

MPA’s clients are spread across the oil and gas, mining, energy and infrastructure sectors.

The acquisition is expected to increase the revenue and profit of the LogiCamms group by approximately 25 per cent.

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