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| Arcadis announces merger with Davis Langdon & Seah Dutch engineering firm Arcadis announced that it has 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. Established in Singapore in 1934, DLS is the longest established and largest cost/project management and quantity surveying consultancy in Asia. Through this merger, Arcadis grows to well over 21,000 professionals and €2.4 billion in revenues, with 3,500 people across Asia. The merger also fits Arcadis' strategic goal to build a leading global position in program management and related services. Arcadis, including EC Harris and DLS, now has some 8,000 professionals in this service area and leading market positions in most major geographic markets throughout the world including Europe, Middle East, Asia, US and Brazil. write your comments about the article :: © 2012 Construction News :: home page |