Arcadis explores strategic options for CallisonRTKL
(Thomson Reuters ONE) -
Amsterdam, Netherlands, 5 September 2017 - Arcadis (EURONEXT: ARCAD), the
leading global design and consultancy firm for natural and built assets, today
announces that it has initiated a strategic review for CallisonRTKL. As part of
this review, Arcadis will evaluate a range of strategic options to optimize the
value of CallisonRTKL, within or outside of Arcadis, to provide the best
prospects for our people, clients and shareholders.
Arcadis is sharpening its strategic focus and, as part of this process, has
taken the decision to evaluate the options for CallisonRTKL. CallisonRTKL is an
industry leading firm in urban design, architecture, retail and interior design.
It is globally recognized as a thought leader in resilient urban development and
sustainable design. It is a strong, well performing business, with a global top
five position in Architecture and Design. In 2016, CallisonRTKL generated gross
revenues of ?326 million with an EBITDA of ?31 million and CallisonRTKL is
strategically and financially well positioned to grow profitably. CallisonRTKL
has approximately 1,700 professionals in 23 offices in North America, Asia, the
Middle East and Europe.
Within Arcadis, CallisonRTKL has a distinct position as a (stand-alone) global
organization, with an independent brand identity, a well-diversified client
base, strong leadership and a bespoke culture of creativity, design and
innovation. The existing joint projects between CallisonRTKL and other Arcadis
businesses are a sound basis for business partnership going forward. Arcadis has
retained Bank of America Merrill Lynch as financial advisor to assist in its
review of strategic alternatives for CallisonRTKL.
In the months ahead, Arcadis will further refine its strategic ambitions and
provide a strategy update on 21 November, 2017. Arcadis will update the market
in due course on the progress of its strategic review of CallisonRTKL.
-End
For further information please contact:
Arcadis Investor Relations
Jurgen Pullens
Telephone: +31 20 2011083
Mobile: +31 6 51599483
E-mail: jurgen.pullens(at)arcadis.com
Arcadis Group Communications
Joost Slooten
Mobile: +31 6 27061880
E-mail: joost.slooten(at)arcadis.com
About Arcadis
Arcadis is the leading global Design & Consultancy firm for natural and built
assets. Applying our deep market sector insights and collective design,
consultancy, engineering, project and management services we work in partnership
with our clients to deliver exceptional and sustainable outcomes throughout the
lifecycle of their natural and built assets. We are 27,000 people, active in
over 70 countries that generate ?3.3 billion in revenues. We support UN-Habitat
with knowledge and expertise to improve the quality of life in rapidly growing
cities around the world. www.arcadis.com.
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Arcadis explores strategic options for CallisonRTKL:
http://hugin.info/132839/R/2131414/814428.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Arcadis N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.09.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 558642
Anzahl Zeichen: 5581
contact information:
Town:
Amsterdam
Kategorie:
Business News
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