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AtkinsRealis ( (TSE:ATRL) ) has shared an announcement.
AtkinsRéalis has announced its acquisition of a 70% stake in David Evans Enterprises, Inc., aiming to establish a robust growth platform in the Western US. This move aligns with AtkinsRéalis’ US Land and Expand strategy, enhancing its geographical footprint and service capabilities. The partnership leverages both firms’ strengths, particularly in the transportation sector, and is expected to close in the first half of 2025. The acquisition will significantly expand AtkinsRéalis’ US workforce and position it as a leading player in the Western US market, delivering comprehensive solutions and driving long-term value.
More about AtkinsRealis
AtkinsRéalis Group Inc. is a global engineering services and nuclear company with a significant presence worldwide. The company focuses on delivering engineering solutions across various sectors, including transportation, power, water & environment, and land development, with a strong emphasis on innovation and sustainability.
YTD Price Performance: -4.24%
Average Trading Volume: 4,080
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.77B
See more data about ATRL stock on TipRanks’ Stock Analysis page.
