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
Healthcare Facilities | Mar 16, 2015
Healthcare planning in a post-ACA world: 3 strategies for success
Healthcare providers are seeking direction on how to plan for a value-based world while still very much operating in a volume-based market. CBRE Healthcare's Curtis Skolnick offers helpful strategies.
Resort Design | Mar 16, 2015
Giancarlo Zema Design Group unveils plans for semi-submerged resort in Qatar
The resort will have four semi-submerged hotels that look similar to super-yachts, each including 75 luxury suites with private terraces.
Mixed-Use | Mar 13, 2015
Dubai announces mega waterfront development Aladdin City
Planned on 4,000 acres in the Dubai Creek area, the towers will be covered in gold lattice and connected via air-conditioned bridges.
Contractors | Mar 13, 2015
Construction materials prices rise for first time in six months
The largest monthly gain in petroleum prices in over three years caused construction materials prices to expand 0.4% in February, ending a six-month streak when prices failed to rise, according to the Bureau of Labor Statistics.
High-rise Construction | Mar 12, 2015
Developers confirm Renzo Piano’s contribution in Sydney harbor overhaul
If the entire development is approved, One Sydney Harbour will be Piano’s second project in Australia.
High-rise Construction | Mar 12, 2015
Foster and Partners designs 'The One' in Toronto
Developer Sam Mizrahi worked with Foster and Partners and Core Architects to design Toronto's tallest skyscraper aside from the CN Tower, The One, which will house a luxury shopping mall and condos.
Contractors | Mar 12, 2015
Construction demand exploding in 2015, but costs complicate recovery
Raw materials and labor costs temper expectations for soaring profits.
Codes and Standards | Mar 12, 2015
Energy Trust of Oregon offers financial incentives for net-zero buildings
The organization is offering technical assistance along with financial benefits.
BIM and Information Technology | Mar 11, 2015
Google plans to use robots, cranes to manipulate modular offices at its new HQ
Its visions of “crabots” accentuate the search-engine giant’s recent fascination with robotics and automation.
Sports and Recreational Facilities | Mar 11, 2015
Foster + Partners wins bid for 2022 World Cup centerpiece stadium in Qatar
Norman Foster described the design as “an exciting step forward in stadium design—it will be the first to break the mold of the free-standing suburban concept, and instead anticipates the grid of this future city.”
