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 deal, which will create a €700m business, is due to complete this summer

The deal, which will create a €700m business, is due to complete this summer



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.

Will Parsons


Tags

| transport | water improvements

Topics

Water
Click a keyword to see more stories on that topic, view related news, or find more related items.

Comments

You need to be logged in to make a comment. Don't have an account? Set one up right now in seconds!


© Faversham House Ltd 2012. edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.