ARCADIS Expands in Belgium
15 5월 2008 - 3:00PM
PR Newswire (US)
ARNHEM, The Netherlands, May 15 /PRNewswire-FirstCall/ -- ARCADIS
(EURONEXT: ARCAD), the international consultancy, design and
engineering company, today announced that it has acquired the
Belgian engineering firm Luc Van de Sype bvba (VDS). VDS, located
in Haaltert, Flanders is specialized in infrastructure projects,
has 35 employees and gross revenues of EUR 3.5 million. Further
financial details were not disclosed. VDS, established in 1974 by
engineer Luc Van de Sype, is active in four areas: infrastructure,
hydraulics, spatial planning and mobility. The company
predominantly operates for clients in the public sector
(municipalities, cities, provinces) and for Aquafin - the water
company of the Flemish government. "VDS is a good addition to the
ARCADIS activities in Belgium," says Michiel Jaski, member of the
Executive Board of ARCADIS. "This acquisition is a good step in the
further strengthening of our position in the Belgian market: it
gives us a foothold in a region in which we were not very well
represented and brings in specialists with a solid reputation. On
top of that VDS has excellent inroads with local governments, on
which we can also capitalize with our other services." "This
transaction provides good opportunities for our employees," says
Luc Van de Sype, founder and director of VDS. "ARCADIS is a strong,
solid group which offers realistic growth opportunities to our
staff. Our own expertise fits perfectly with that of ARCADIS and
the multidisciplinary and international nature are an extra
marketing instrument. Our clients will also stand to benefit
considerably from the combined knowledge we can offer them."
ARCADIS is an international company providing consultancy, design
and engineering and management services in infrastructure,
environment and facilities, to enhance mobility, sustainability and
quality of life. ARCADIS develops, designs, implements, maintains
and operates projects for companies and governments. With more than
13,500 employees and EUR 1.5 billion in gross revenue, the company
has an extensive international network that is supported by strong
local market positions. Except for historical information contained
herein, the statements in this release are forward-looking
statements that are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties that may cause the company's actual results in future
periods to differ materially from forecasted results. Those risks
include, among others, the risk that our delisting from NASDAQ and
subsequent deregistration with the SEC will not become effective as
currently anticipated, risks associated with possible changes in
environmental legislation and risks with regard to the Company's
ability to acquire and execute projects. These and other risks are
described in ARCADIS' filings with the Securities and Exchange
Commission over the last 12 months, copies of which will be
available from the SEC or may be obtained upon request from the
Company. DATASOURCE: ARCADIS NV CONTACT: For more information,
contact: Joost Slooten of ARCADIS NV at +31-26-3778604 outside
regular office hours please call +31-6-2706-1880; email:
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