RECON: Keller Group plc acquires RECON Services, Inc

Keller Group plc ('Keller' or 'the Group'), the world's largest geotechnical specialist contractor, announces the acquisition of RECON Services, Inc ('RECON'), a geotechnical and industrial services company headquartered in Houston, Texas, USA, for an initial cash consideration of US$23m (£17m), and an expected earn-out of US$15m (£11m) relating to certain future contract wins. The acquisition completed on 13 July 2021 and was not subject to any regulatory approvals.