Balfour Beatty buys wiring unit

BALFOUR BEATTY of Great Britain announced on September 20 that it was to acquire the Adtranz Fixed Installations business for 153m euros (RG 10.00 p636). Supplying electrification and traction power supply systems, this business unit has 1400 employees. Profit before interest and tax was 16·2m euros last year on sales ...