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
| Jun 5, 2014
International Parking Institute names best new parking structures
Winners include garages that are architectural delights, an airport's canopied parking atrium, and an environmentally friendly garage under America's oldest park.
| Jun 4, 2014
Emerging trends in healthcare development: neighborhood care, mixed-use models on the rise
In urban and even suburban markets, real estate is about the "live, work, play," with close proximity to mass transit and other amenities, like retail stores. Healthcare organizations are following suit.
| Jun 4, 2014
Want to design a Guggenheim? Foundation launches open competition for proposed Helsinki museum
This is the first time the Guggenheim Foundation has sought a design through an open competition. Anonymous submissions for stage one of the competition are due September 10, 2014.
| Jun 4, 2014
Market update: A difficult first quarter for construction spending comes to an end
This year's unusually difficult winter took its toll on construction activity. Nonetheless, first quarter spending for all the major groups was up compared to the same period in 2013.
| Jun 4, 2014
Construction team named for Atlanta Braves ballpark
A joint venture between Barton Malow, Brasfield & Gorrie, Mortenson Construction, and New South Construction will build the Atlanta Braves ballpark, which is scheduled to open in early 2017. Check out the latest renderings of the plan.
| Jun 3, 2014
Must see: World's tallest LEGO tower built in Budapest
The tower, built in front of St. Stephen's Basilica, is topped with a Rubik's cube and was built using thousands of blocks.
| Jun 3, 2014
Great leadership comes down to one thing
While it’s often said that strong leadership is an organization’s competitive advantage, is there a single characteristic that can predict which leaders will be most effective? SPONSORED CONTENT
| Jun 3, 2014
Libeskind's latest skyscraper breaks ground in the Philippines
The Century Spire, Daniel Libeskind's latest project, has just broken ground in Century City, southwest of Manila. It is meant to accommodate apartments and offices.
| Jun 2, 2014
Registration is open for 2014 BUILDINGChicago/Greening the Heartland Expo and Conference
BUILDINGChicago is a major conference and trade expo serving architects, engineers, contractors, property owners, real estate developers, government officials and community organizations in the Midwest.
| Jun 2, 2014
Nonresidential construction spending expands in April
Ten of 16 nonresidential construction subsectors posted increases in spending in April, according to the latest U.S. Census Bureau data.
