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Amec Spie purchases electronic security firm

Amec Spie has bought French electronic security company Europe Securite Telecommunication.

The security firm based in Pessac, near Bordeaux, posted a turnover of £2.8 million and had net assets of £1 million in the year ended 31 December 2005.

Amec Spie was formerly the French engineering arm of international project management and services company AMEC.

It was sold last month to private equity investor PAI for £707 million.

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