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Buyout at WSP Group

BOSSES at project management specialist WSP Management have completed a buyout of the firm from the WSP Group.

The independent company has changed its name to Intec Management following the deal, which was funded by Northern Venture Managers and the Bank of Scotland.

The buyout was led by managing director Malcolm Plews. He said: 'This move will provide us with the freedom to grow the business in our specific areas of expertise, ability and vision.'