ESBI sells British engineering unit for €17m

British support services firm Enterprise has agreed to purchase an the ESBI's engineering consulting business for £11

British support services firm Enterprise has agreed to purchase an the ESBI's engineering consulting business for £11.7 million (€17 million) in cash.

The final purchase price for ESBI Engineering, a power distribution and transmission network contractor, will be determined on completion of the deal, said Enterprise in a statement.

ESBI Engineering, whose clients include electricity utilities, rail network operators and power generators, generated pre-tax profits of £0.3 million on turnover of £39.0 million in 2004.

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