ARCADIS N.V.
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Publicatie datum
06 aug 2012 - 07:36
Statutaire naam
ARCADIS N.V.
Titel
ARCADIS ACQUIRES LEADING WATER COMPANY IN BRAZIL
Bericht
August 6, 2012 - ARCADIS (EURONEXT: ARCAD), a leading international consultancy, design, engineering and management services company, today announced that it has acquired ETEP Consultoria, Gerenciamento e Serviços Ltda. (ETEP), the largest water engineering and consultancy company in Brazil. ETEP has 300 employees and annual gross revenues of approximately R$ 50 million (€ 20 million) and net revenues of R$40 million (€16 million). ARCADIS has acquired the shares from management who will all stay with the business. ETEP has a track record of strong growth in the attractive Brazilian water market and produces margins above 10%. Further financial details were not disclosed.
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Datum laatste update: 02 september 2024