Norconsult acquires ECT.

Norconsult, a leading engineering consultancy firm acquires ECT, a rival engineering consultancy firm. Financial terms were not disclosed. The acquisition reinforces Norconsult’s position as Norway’s largest and strongest multi-disciplinary consulting company. The transaction is scheduled to be completed during the autumn, subject to approval by the Norwegian Competition Authority. “We are delighted that ECT is becoming part of Norconsult, and we wish a warm welcome to all our new colleagues. The two businesses are a perfect fit, both professionally and culturally,” Bård Sverre Hernes, Norconsult EVP.