ARCADIS to Merge With Malcolm Pirnie

Malcolm Pirnie, having roots going back to 1895, provides infrastructure consulting and engineering services in water and wastewater treatment, environmental services, and through its Red Oak division management consulting services. With over 60 offices, the company is represented in most of the top 20 major metropolitan areas of the United States. The client base of Malcolm Pirnie consists mostly of public sector clients including municipalities and the U.S. Federal Government. Private sector clients include companies from the energy, mining, and transportation market sectors. Malcolm Pirnie is also active internationally in the Asia-Pacific region, Middle East, Puerto Rico and Chile.

The combination of both companies is expected to generate significant business and operational synergies. Malcolm Pirnie brings an established world-class water brand, with specializations in water quality, treatment, strategic planning and project delivery. Combined with ARCADIS' international position in water management and coastal engineering, the merger creates a major position in the global water market with annual revenues approaching USD500 million, representing about 17% of combined revenues. Additional benefits include a significantly stronger position with the U.S. Federal Government to pursue both water and environmental projects. Malcolm Pirnie's strong industrial environmental practice brings additional services and a complementary client base that now can be offered services through ARCADIS' global platform. Finally, both companies have similar client-focused business models which will greatly facilitate the integration efforts that are planned for the next 18-24 months.