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 4, 2012

HDR to design North America’s first fully digital hospital

Humber River  is the first hospital in North America to fully integrate and automate all of its processes; everything is done digitally.

| Jan 4, 2012

New LEED Silver complex provides space for education and research

The academic-style facility supports education/training and research functions, and contains classrooms, auditoriums, laboratories, administrative offices and library facilities, as well as spaces for operating highly sophisticated training equipment.

| Jan 3, 2012

Gilbane awarded $88M Contract for Ohio elementary school construction

The new award, which comprises the construction of five new elementary schools and demolition of 11 older facilities, is the latest K-12 building program managed by Gilbane for the Ohio School Facilities Commission since 1998.

| Jan 3, 2012

AIA's ABI November Index reaches 52.0

The Architecture Billings Index (ABI) reached its first positive mark since August. 

| Jan 3, 2012

Callison acquires Barteluce Architects & Associates

This acquisition will grow Callison’s New York team to over 75 architects.

| Jan 3, 2012

VDK Architects merges with Harley Ellis Devereaux

Harley Ellis Devereaux will relocate the employees in its current Berkeley, Calif., office to the new Oakland office location effective January 3, 2012.

| Jan 3, 2012

Weingarten, Callan appointed to BD+C Editorial Board

Building Design+Construction has named two new members to its editorial board. Both are past recipients of BD+C’s “40 Under 40” honor.

| Jan 3, 2012

New Chicago hospital prepared for pandemic, CBR terror threat

At a cost of $654 million, the 14-story, 830,000-sf medical center, designed by a Perkins+Will team led by design principal Ralph Johnson, FAIA, LEED AP, is distinguished in its ability to handle disasters. 

| Jan 3, 2012

BIM: not just for new buildings

Ohio State University Medical Center is converting 55 Medical Center buildings from AutoCAD to BIM to improve quality and speed of decision making related to facility use, renovations, maintenance, and more. 

| Jan 3, 2012

New SJI Rule on Steel Joists

A new rule from the Steel Joist Institute clarifies when local reinforcement of joists is required for chord loads away from panel points. SJI members offer guidance about how and when to specify loads.

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