Hyder Consulting
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This article needs references that appear in reliable third-party publications. Primary sources or sources affiliated with the subject are generally not sufficient for a Wikipedia article. Please add more appropriate citations from reliable sources. (January 2008) |
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| Type | Public limited company |
|---|---|
| Founded | As Freeman Fox, 1857 |
| Headquarters | London United Kingdom50 Offices Worldwide |
| Key people | Ivor Catto, Chief Executive Russell Down :), Finance Director |
| Industry | Engineering, Environmental, Planning & Management consultancy |
| Revenue | £233.7m (2007) |
| Employees | 5,000 |
| Website | Hyder Consulting |
Hyder Consulting is an international advisory and design consultancy with particular specialisation in infrastructure, property and environmental solutions. The firm employs over 5,000 people across the U.K., Europe, Germany, Middle East, Asia, Australia and New Zealand and has been listed on the London Stock Exchange since October 2002. The word Hyder is Welsh for Confidence.[1].
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[edit] History
Through the 20th century, Freeman Fox & Partners built an international reputation in the field of bridges and highways. Founded by Sir Ralph Freeman, and joined by Sir Gilbert Roberts, the firm was responsible for the design of projects such as the Victoria Falls Bridge (1905), the Sydney Harbour Bridge (1932), the Forth Road Bridge (1964), the Severn Bridge (1966), the Bosporus Bridge (1974), the Humber Bridge (1981), and the Fatih Sultan Mehmet Bridge (1988). Other notable projects included the Parkes radio telescope (1961) and Melbourne's West Gate Bridge (1978), in which the company's structural design was held partly responsible for a collapse in 1970 that killed 35 workers.
Over the same period John Taylor & Sons built its reputation in water and wastewater engineering with projects such as the Shanghai water supply project and major water and sewerage projects in Leningrad (now St Petersburg) and Tehran.
The two firms merged in 1987 to form Acer Consultants. Over the next few years, several smaller specialist firms were incorporated to form a worldwide infrastructure consultancy.
The company was acquired by Welsh Water in 1993 and renamed Hyder Consulting in 1996. When Hyder Consulting was bought by Western Power Distribution, the senior management of Hyder Consulting instigated a management buy-out, completed in January 2001. The firm then listed on the London Stock Exchange in October 2002. They now employ almost 5,000 staff worldwide.
[edit] Market Sectors
- Energy
- Industrial
- Property
- Resources
- Transport
- Water And Environment
[edit] Services
- Building and Infrastructure Services
- Environment
- Geosciences
- Transport Services
- Structures
- Water Services
- Management Services
- Property Services
[edit] Recent acquisitions
Since 2002, Hyder has acquired a number of UK based companies to widen its capabilities and service base. These include:
- ACLA Limited - Landscape Architecture, Urban Design and Master Planning, Middle East and East Asia
- Ashact - Environmental and Process Engineering Consultancy, UK
- Bettridge Turner & Partners - Transportation, Environmental and Land Development Consultants, UK
- Cresswell Associates - Ecologists, UK
- Marcus Hodges Environmental - Environmental and Ecology Consultants, UK
- RPA Quantity Surveyors - Construction, Cost and Project management, UK
- Acerplan - Engineering Consultants, Germany
- SEIB Ingenieur-Consult - Engineering Consultants, Germany
- Voigt Ingenieure - Engineering Consultants, Germany
- Crescent PSS Pty Ltd - Project Management and Advisory Consultancy, Australia
- Holford Associates - Architectural and Interior design, Dubai
[edit] Recent landmark projects
More recent landmark projects include Taiwan High Speed Rail, the Melbourne CityLink and EastLink (Melbourne) tollways, Hong Kong Greening Master Plan, Ski Dubai and the Burj Dubai .[2]) and the Cairo Wastewater Project.
On the 28th August 2008, Hyder announced they had won a landmark project to build a new eye catching twin leaf bascule bridge (Te Wero Bridge) in Auckland City Harbour.
[edit] Recent redundancies
The Group's Interim Management Statement issued on 12 February 2009 (http://ww1.investorrelations.co.uk/hyderir/newscentre/pressreleases/release.jsp?ref=59) stated: "Following a review of our operations by the new Executive team, we are restructuring in order to streamline and better align our service offerings with the markets and sectors in which we operate. In addition, we have responded to market conditions by reducing our headcount and overhead expenditure. As a result of these initiatives, headcount will reduce by 8% and one-off, exceptional costs of approximately £8m will be incurred in the second half year, leading to anticipated annualised cost savings of some £4m. The Board will remain vigilant in managing the Group’s operations through the current global downturn."
[edit] References
- ^ "BBC - News article". http://news.bbc.co.uk/1/hi/uk/1108440.stm. Retrieved on 2008-05-08.
- ^ "Official web site Burj Dubai - Official Web site". http://www.burjdubai.com/ Official web site. Retrieved on 2008-05-11.
