03.10.2014 07:30:45
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ARCADIS deepens environmental presence, remediation resources in Canada with acquisition of Franz Environmental
October 3, 2014 - ARCADIS (EURONEXT: ARCAD), the leading natural and built asset design and consultancy firm has today announced it has acquired Franz Environmental Inc. (FRANZ). Headquartered in Toronto, FRANZ employs more than 100 environmental consultants and staff in six locations throughout Canada with annual gross revenues of 20 million Canadian dollars. Further financial details were not disclosed.
With the addition of FRANZ, ARCADIS grows its presence in North America and its ability to deliver services to its clients located, or with interests, in Canada. FRANZ's specialized expertise in environmental remediation, site assessments, brownfields, and hydrogeology will complement ARCADIS' services throughout the region. Coming shortly after the acquisition of SENES in 2013, ARCADIS now has approximately 360 people throughout Canada to serve public and private clients in the government, industrial, manufacturing, mining, oil and gas sectors and beyond.
"FRANZ's environmental expertise in the Canadian federal, municipal and private sectors will further enhance the support we provide our clients in North America and beyond," said Gary Coates, CEO of ARCADIS North America. "Together we strengthen our leadership position to solve our clients' most complex environmental problems, adding depth to our existing on-site teams and expanding to new territories."
Thomas Franz, CEO of FRANZ, added: "FRANZ has grown by leaps and bounds since it was founded in 2000 and joining forces with ARCADIS marks the next great chapter in our history. ARCADIS' technical expertise complements that of FRANZ, and our clients will undoubtedly benefit from ARCADIS' deep resources and knowledge."
For more information please contact Joost Slooten at +31 (0) 20 2011083, or outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com
About ARCADIS: ARCADIS is the leading global natural and built asset design and consultancyfirm working in partnership with our clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. ARCADIS differentiates through its talented and passionate people and its unique combination of capabilities covering the whole asset life cycle, its deep market sector insights and its ability to integrate health & safety and sustainability into the design and delivery of solutions across the globe. We are 22,000 people that generate €2.5 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com
ARCADIS acquires Franz Environmental
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Source: ARCADIS N.V. via Globenewswire
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