flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Arcadis merges with Davis Langon & Seah

Arcadis merges with Davis Langon & Seah

Merger will help company expand business in Asia. 


By By BD+C Staff | April 13, 2012
This article first appeared in the May 2012 issue of BD+C.

Arcadis, the international consultancy, design, engineering and management services company, signed a merger agreement through which it acquired the ownership of Davis Langdon & Seah (DLS), a cost and project management consultancy working across Asia, with 2,800 people in 10 countries.

DLS 2011 revenues were over US$125 million, with normalized operating margins well above the Arcadis target level. The business was owned by 15 international partners and 42 local partners that will all stay with the company to build a joint future with Arcadis.

Arcadis financed the merger by issuing 2.2 million shares to the DLS partners, in addition to an undisclosed cash amount through existing credit facilities. The shares have lock-up periods of 12 to 36 months after closing. The transaction is expected to be immediately accretive to earnings per share (based on net income from operations, which excludes amortization). Further financial details were not disclosed. BD+C

Related Stories

| Jan 17, 2012

Capital Engineering joins AECOM

With 160 employees based in Taipei and Kaohsiung, CEC specializes in environmental, water, hydraulic and land development engineering consulting services for clients in Taiwan's public and private sectors.

| Jan 17, 2012

SOM launches Los Angeles design studio

Expert team to join the firm's West Coast practice, focusing on innovative urban and environmentally sustainable design in Southern California

| Jan 16, 2012

2012 40 Under 40 applications due Friday, Jan. 20

Building Design+Construction's 40 Under 40 is open to AEC professionals from around the world who are under 40 years old, as of January 1, 2012.

| Jan 16, 2012

Mid-Continent Tower wins 25 Year Award from AIA Eastern Oklahoma

Designed by Dewberry, iconic tower defines Tulsa’s skyline.

| Jan 16, 2012

Suffolk completes construction on progressive operating suite

5,700 square-foot operating suite to be test bed for next generation of imaged-guided operating techniques.

| Jan 15, 2012

Hollister Construction Services oversees interior office fit-out for Harding Loevner

The work includes constructing open space areas, new conference, trading and training rooms, along with multiple kitchenettes. 

| Jan 15, 2012

Smith Consulting Architects designs Flower Hill Promenade expansion in Del Mar, Calif.

The $22 million expansion includes a 75,000-square-foot, two-story retail/office building and a 397-car parking structure, along with parking and circulation improvements and new landscaping throughout.

| Jan 15, 2012

535 Madison Avenue achieves LEED Gold certification

Class-A commercial building meets sustainability requirements of LEED Program.

| Jan 12, 2012

CSHQA receives AIA Northwest & Pacific Region Merit Award for Idaho State Capitol restoration

After a century of service, use, and countless modifications which eroded the historical character of the building and grounds, the restoration brought the 200,000-sf building back to its former grandeur by restoring historical elements, preserving existing materials, and rehabilitating spaces for contemporary uses.

| Jan 12, 2012

Stellar earns construction industry's most prestigious safety award

Now widely accepted as the construction industry's standard measure of safety performance, the STEP awards were established in 1989 to evaluate and improve safety practices and recognize outstanding safety efforts. 

boombox1
boombox2
native1

More In Category



Urban Planning

The magic of L.A.’s Melrose Mile

Great streets are generally not initially curated or willed into being. Rather, they emerge organically from unintentional synergies of commercial, business, cultural and economic drivers. L.A.’s Melrose Avenue is a prime example. 


Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021