RTKL’s parent company Arcadis has announced its intention to acquire Callison, a 1,000+-employee architectural and interior design consultancy with offices in the United States, China, Europe, Middle East and Mexico.
The acquisition of Callison, known predominantly for its leadership in retail and mixed-use design, builds on Arcadis’ strong global design and architecture position, currently provided by RTKL. With the addition of Callison, ARCADIS plans to strengthen its global design leadership in retail and mixed-use, and gain the leading position among international architecture firms in China.
"With the addition of Callison, Arcadis has created a true leadership position in high-end design and architecture,” said Neil McArthur, CEO of ARCADIS. "We will have a clear leading position in retail globally, a strong leadership position in mixed use/commercial globally and will have a leading international design and architecture position in China."
RTKL, which provides architectural and design services across the commercial, healthcare and workplace sectors, was acquired by ARCADIS in 2007. A single global network of RTKL, Arcadis, Callison, and other Arcadis operating companies like EC Harris and Langdon & Seah, further expands the offer for RTKL’s clients through greater scale, a wider range of skills and broader market reach.
Lance Josal, FAIA, President and CEO of RTKL, said: "Callison is a well-respected industry peer, and home to great professionals, including several thought leaders in our industry. Callison has a long history in the profession, a strong culture of client service and share the entrepreneurial drive that took our companies to the global stage. Having two industry leaders within Arcadis provides a great opportunity to create something quite unique."
Arcadis will acquire Callison from its primary owner, Blue Point Capital, and from company management and principals. The closing of the transaction is subject to the satisfaction of customary closing conditions, including the receipt of approval from the Beijing Municipal Commission of Commerce and is expected to be completed in the third quarter of 2014.
"We are excited to be a member of the Arcadis team which has created value for the many other companies that have joined its ranks," said Callison Chairman and CEO John Jastrem. "Our combined global capability will benefit all our employees and clients. We are known for our high quality design and excellent service and with the support of Arcadis we will be able to deliver that quality on an even larger scale."
Related Stories
Urban Planning | Feb 14, 2018
6 urban design trends to watch in 2018
2017 saw the continuation of the evolution of expectations on the part of consumers, developers, office workers, and cities.
Office Buildings | Feb 13, 2018
Office market vacancy rate at 10-year low
Cautious development and healthy absorption across major markets contributed to the decline in vacancy, according to a new Transwestern report.
Architects | Feb 12, 2018
AIA selects seven individuals to receive the 2018 Associates Award
The recipients will be honored at the AIA Conference on Architecture 2018 in New York City.
Architects | Feb 9, 2018
AIA's 2018 Young Architects Award honors 18 recipients
The Young Architects Award recipients will be honored at the AIA Conference on Architecture 2018 in New York City.
Architects | Feb 8, 2018
Three ways cities could evolve 2018
Cities change constantly, but given the numerous disruptive factors spanning technology, policy, climate and more that will impact 2018 – it could prove to be a year of dynamic change for our urban fabric.
Architects | Feb 7, 2018
8 inefficiencies in the architecture + design industry (and possible solutions)
Matthew Rosenberg has identified 8 major inefficiencies in the architecture and design industry, as well as a solution for each of them.
Architects | Feb 5, 2018
Little names new Corporate President and COO
International architecture and design firm Little has appointed Carolyn Rickard-Brideau as its new Corporate President, and Charles Todd as its Chief Operating Officer.
Architects | Feb 1, 2018
How to generate architecture leads
One of the first steps to increasing leads for your design firm is to acknowledge that all leads are not equal, writes Hinge’s Karl Feldman.
Healthcare Facilities | Feb 1, 2018
Early supplier engagement provides exceptional project outcomes
Efficient supply chains enable companies to be more competitive in the marketplace.
Industry Research | Jan 30, 2018
AIA’s Kermit Baker: Five signs of an impending upturn in construction spending
Tax reform implications and rebuilding from natural disasters are among the reasons AIA’s Chief Economist is optimistic for 2018 and 2019.