An update from Arcadis NV ( (NL:ARCAD) ) is now available.
Arcadis has announced the acquisition of WSP Infrastructure Engineering GmbH, a German engineering firm specializing in rail infrastructure. This acquisition will double Arcadis’ presence in the German rail market, enhancing its growth potential by leveraging WSP’s strong capabilities and pre-qualifications with Deutsche Bahn. The move aligns with Arcadis’ strategy to capitalize on the significant investment plans in German rail infrastructure, positioning the company to meet rising demand for sustainable transport solutions.
More about Arcadis NV
Arcadis is a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions for natural and built assets. The company focuses on helping clients make sustainable choices across various sectors, including environment, energy, water, buildings, transport, and infrastructure. Arcadis combines digital innovation and human expertise to deliver tailored solutions, with a presence in over 30 countries and achieving €5.0 billion in gross revenues in 2024.
YTD Price Performance: -18.45%
Average Trading Volume: 24,578
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €4.27B
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