Engineering Staffing Report: Dec. 27, 2018

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UK-based Morson Group acquires Waldeck

UK-based engineering recruitment firm Morson Group announced that it has acquired multi-disciplinary engineering, technical and risk management consultancy Waldeck.

Morson Group ranks fourth on Staffing Industry Analysts’ list of largest global engineering staffing firms.

No financial details were disclosed. Waldeck will become a wholly owned subsidiary within the Morson Group, maintaining its own brand and contracts while working alongside other Morson Group companies.

Waldeck will be working intimately alongside Morson Projects, an existing subsidiary of Morson Group, which provides multi-disciplined engineered solutions, project management, analysis, design and cyber-secure software services to clients across a variety of industrial sectors. Morson Projects and Waldeck together will have a workforce of around 800 professional staff, and a turnover in excess of £50 million per year.

Paul Waldeck, Founder of Waldeck, commented, “Having founded Waldeck over 20 years ago, it was imperative for me to find a partner whose values and cultures matched our own. This is an exceptionally exciting time for everyone at Waldeck and our team is looking forward to joining the Morson Group.”

“This acquisition places Waldeck in a strong position to offer clients an even wider breadth of expertise, capabilities and services. There are many market and sector synergies between the two businesses, and we now have the scale and geographic coverage to deliver our strategic objectives within the UK and internationally,” Paul Waldeck said.

Ged Mason, CEO of Morson Group, also commented, “Waldeck has a strong brand and reputation within the UK, and specialist expertise in the engineering, technologies, construction and property markets. The addition of Waldeck to our portfolio means we are well placed to service the future growth expected in these sectors while consolidating our market leading position.”