Altrad swoops for Doosan Babcock

French-based scaffolding giant Altrad has struck a deal to buy engineering contractor Doosan Babcock.
The deal is due complete this summer and will see the transfer of around 4,000 staff to the expanding Altrad scaffolding and industrial services group.
Just eight months ago, €3bn revenue Altrad snapped up RMD Kwikform in deal reported to be worth around £140m. This saw 1,300 people across core markets of the UK, India, Australia and the UAE join the group.Altrad Group was founded in