Merger creates top ten consultancy
Engineering consultancies DHV and Royal Haskoning have announced their intention to merge the two businesses, creating a top ten independently-owned, non-listed firm in their field.
The letter of intent was signed yesterday (February 28) with the merger agreement scheduled for signing in mid-summer after the due diligence process has been completed.
The proposed merger would bring together 8,000 employees, operating from more than 100 offices in 35 countries and generating revenue of more than €700m.
The move is part of an international expansion strategy for both firms and combines their expertise, particularly in the water and transport sectors.