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OBERMEYER Planning + Consulting acquires German infrastructural design and engineering services from Arcadis

Posted on: Wed, 30 Sep 2009 15:19:00 EDT

Symbols: ARCAY

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Sep 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
ARCAY | Quote | Chart | News | PowerRating -- Arcadis NV has sold a part of its German infrastructural design and engineering services to OBERMEYER Planning + Consulting GmbH, a Germany-based engineering consultancy company.

Arcadis is a Netherlands-based provider of consultancy, engineering and project management services for infrastructure, environment and facilities.

Simultaneously, ARCADIS entered into a cooperation agreement with Obermeyer, ensuring a seamless transition for clients.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2009-09-30

Deal Participants

Target (Company)   Arcadis NV - Infrastructural Design and Engineering Services - Germany
Acquirer (Company) OBERMEYER Planen + Beraten GmbH
Vendor (Company)   Arcadis NV

Deal Rationale

The transaction is the result of a strategic reorientation of the ARCADIS activities in Germany, whereby the focus is shifted to activities higher in the value chain in environment, project management, water and geotechnics, in line with the strategy of the group as a whole.

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