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Arcadis NV — M&A Activity 2010
Jul 1, 2010
3811_iss_2010-07-01_4afd4b51-0c8e-47fe-82aa-29bfffd72b1c.pdf
M&A Activity
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PRESS RELEASE
ARCADIS AQUMEN EXTENDS FACILITY MANAGEMENT CONTRACT WITH SABIC
July 1, 2010 – ARCADIS (EURONEXT: ARCAD), the international design, consulting, engineering and management services company, announced today that ARCADIS AQUMEN FACILITY MANAGEMENT (AAFM) has extended its facility management contract with SABIC. AAFM is a joint venture with the English Carillion. The extension covers a period of 3+1 years commencing back in January 2010. Emphasis will be on further standardization of services in the new contract without effecting quality. The entire value of the contract is €25 million. Additional financial details are not disclosed.
AAFM carries out facility management services for a number of office locations of SABIC. The activities encompass purchasing, building maintenance management, catering, cleaning, security, logistic services and transport of persons. The contract also covers cost savings targets which must be realised in conjunction with AAFM.
"SABIC is extremely satisfied with our services and is challenging us to continuously improve quality at lower costs. As a result of our independent position and extensive experience in this area, we can carry out our role very effectively. In addition, our help to improve the hospitality function of this European headquarters is a major target for SABIC," comments Bernt Bouwmeester, Director of AAFM.
For more information please contact Mark Zellenrath at +31-26-3778348 - or outside office hours at +31 6 50736265 or via email [email protected].
ARCADIS AQUMEN has been a facility management service provider since 2002.
About ARCADIS:
ARCADIS is an international company providing consultancy, design, engineering and management services in infrastructure, water, environment and buildings. We enhance mobility, sustainability and quality of life by creating balance in the built and natural environment. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With 15,000 employees and EUR 1.8 billion in revenues, the company has an extensive international network supported by strong local market positions. ARCADIS supports UN-HABITAT with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Visit us at: www.arcadis.com
ARCADIS NV Nieuwe Stationsstraat 10 P.O. Box 33 6800 LE Arnhem The Netherlands Tel +31 26 3778 292 Fax +31 26 4438 381 www.arcadis.com