Driver Group plc Middle East Joint Venture (5201Y)

TIDMDRV

RNS Number : 5201Y

Driver Group plc

02 December 2014

2 December 2014

Driver Group plc

("Driver Group" or the "Company")

Unincorporated Joint Venture for Middle East

Driver Group, the global construction consultancy to the construction and engineering industries, is pleased to announce that it has entered into a formal relationship with MHPM Project Managers Inc. ("MHPM"). The purpose of this joint venture is to combine the respective capacity and skills base of the two businesses to provide a class leading proposition in the Middle East market by combining Driver's established infrastructure, network and relationships with MHPM's strong project management expertise.

This is the second such arrangement with MHPM, following on from the successful joint venture in Canada, where Driver Group provides dispute resolution and advisory services from MHPM's network of offices.

Formed in 1989, MHPM has delivered more than 8,000 successful projects with over 350 full time project and program managers set apart by their management style, adherence to rigorous practices and ability to inspire project teams to excellence. Together, Driver Group and MHPM can now utilise Driver Groups long standing presence in the Middle East, its network of offices, people and clientele to further develop Project Management services with the support of a world class specialist project management business.

Franklin Holtforster, President and CEO of MHPM said: "We are pleased by Driver Group's decision to partner with MHPM. This relationship will provide MHPM with infrastructure and connections across the Middle East to provide clients with specialist project management capabilities."

Dave Webster, CEO of Driver Group stated: "MHPM is a very well respected project management business that Driver Group is pleased to be associated with. This strategic partnership allows us to accelerate the development of a Project Management offering across the Middle East with the capacity, skill set and experience our clients require. I look forward to working with Franklin and his team in developing the opportunities we see available to us."

Enquiries:

 
 Driver Group plc 
 David Webster, Chief Executive    Tel: +44 (0) 1706 223999 
 Damien McDonald, Group 
  Finance Director 
 Alan McClue, Non-executive        Tel: +44 (0) 7791 546798 
  Chairman 
 
 Charles Stanley Securities 
  Nominated Adviser & Broker 
 Marc Milmo / Carl Holmes         Tel: +44 (0) 207 149 6000

This information is provided by RNS

The company news service from the London Stock Exchange

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