Arcadis Small add-on acquistion in German rail market
Arcadis acquires WSP Infrastructure Engineering GmbH and strengthens its position in the German rail market. Following the add-on acquisition of the German KUA (data centre design) this is a new small add-on acquisition of €20m turnover company but this time in the Mobility segment. The latter segment was earmarked for acquisitive (bolt-on) growth in earlier comments. Accumulate rating unchanged.Arcadis NV is a global asset design and consultancy company. The Company is engaged in providing consultancy, design, engineering and management services in the area of infrastructure, water, environment and buildings. The Company's segments include Americas; Europe and Middle East; Asia Pacific, and CallisonRTKL. Its business lines include infrastructure, water, environment and buildings. Infrastructure business line focuses on sustainable infrastructure solutions for transportation by road, rail, air and over water, and creating reliable energy supply systems. The Company is an environmental solutions provider to private industry, and delivers projects that protect the earth's resources. It offers water supply, treatment, management and conveyance solutions. The Company also offers contract solutions, master planning and sustainable urban development, commercially led program management, business advisory, data analysis and architecture and design solutions.
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