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| Arcadis to sell Euroconsult to Mott MacDonald Architectural and engineering firm Arcadis has agreed to sell its subsidiary Arcadis Euroconsult to Mott MacDonald for an undisclosed amount. Last year, Euroconsult produced gross revenues of €33 million with about 125 people. The deal is expected to be closed towards the end of March 2007. The reason for the sale is that Euroconsult no longer fits into the Arcadis strategy. Euroconsult works primarily on donor-financed projects in developing countries and has a strong track record in meeting global development aid needs. The company offers expertise in irrigation, water and rural land development and under the brand name BMB also provides institutional development services for the public, private and social sector. write your comments about the article :: © 2007 Construction News :: home page |