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
| Jul 1, 2013
Elizabeth Chu Richter, FAIA, elected 2015 AIA President
Delegates to the American Institute of Architects (AIA) national convention in Denver elected Elizabeth Chu Richter (AIA Corpus Christi) to serve as the 2014 AIA first vice president/president-elect and 2015 AIA president.
| Jun 28, 2013
Calculating the ROI of building enclosure commissioning
A researcher at Lawrence Berkeley National Laboratory calls building enclosure commissioning “the single-most cost-effective strategy for reducing energy, costs, and greenhouse gas emissions in buildings today.”
| Jun 28, 2013
A brief history of windows in America
Historic window experts from Hoffmann Architects look back at the origin of windows in the U.S.
| Jun 28, 2013
Building owners cite BIM/VDC as 'most exciting trend' in facilities management, says Mortenson report
A recent survey of more than 60 building owners and facility management professionals by Mortenson Construction shows that BIM/VDC is top of mind among owner professionals.
| Jun 27, 2013
Thermal, solar control designs can impact cooling loads by 200%, heating loads by 30%
Underestimating thermal bridging can greatly undermine a building’s performance contributing to heating load variances of up to 30% and cooling load variances of up to 200%, says the MMM Group.
| Jun 26, 2013
New York’s ‘Scaffold Law’ may be altered to place larger burden on workers
New York's Scaffold Law, which “places the burden of responsibility on the contractor to prove that the job site was safe for workers,” could be facing a major change.
| Jun 26, 2013
Commercial real estate execs eye multifamily, retail sectors for growth, says KPMG report
The multifamily, retail, and hospitality sectors are expected to lead commercial building growth, according to the 2013 KPMG Commercial Real Estate Outlook Survey.
| Jun 25, 2013
Mirvish, Gehry revise plans for triad of Toronto towers
A trio of mixed-use towers planned for an urban redevelopment project in Toronto has been redesigned by planners David Mirvish and Frank Gehry. The plan was announced last October but has recently been substantially revised.
| Jun 25, 2013
First look: Herzog & de Meuron's Jade Signature condo tower in Florida
Real estate developer Fortune International has released details of its new Jade Signature property, to be developed in Sunny Isles Beach near Miami. The luxury waterfront condo building will include 192 units in a 57-story building near high-end retail destinations and cultural venues.
| Jun 25, 2013
DC commission approves Gehry's redesign for Eisenhower memorial
Frank Gehry's updated for a new Dwight D. Eisenhower memorial in Washington, D.C., has been approved by the Eisenhower Memorial Commission, reports the Washington Post. The commission voted unanimously to approve the $110 million project, which has been gestating for 14 years.
