Observers say the deal has a certain logic. Donaldsons is strongest in the retail market, corporate outsourcing and the public sector, while GVA Grimley's strengths lie in the office market, with a successful planning, building and other consulting practice.

Both firms are London based but have a significant regional presence: both firms currently have offices in Birmingham, Manchester, Leeds, Bristol, Edinburgh and Glasgow. GVA Grimley is the larger of the two with 1,000 staff and billings of almost £70 million. It is expected that its Chief executive: Michael Corbett would head the merged operation.

During the next two months the two will investigate the implications for staff and clients before taking a final decision on whether to proceed in September.

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