ARCADIS ACQUIRES LEADING HYDROGEOLOGICAL CONSULTING COMPANY IN CHILE
ARCADIS (EURONEXT: ARCAD), a leading international consultancy, design,
engineering and management services company, today announced that it has
acquired GeohidrologÃa Consultores (GeoHidrologÃa), one of the largest hydro
consulting companies in Chile with 55 employees. ARCADIS acquired 100% of the
shares from the management of the company, who will remain within the firm.
Financial details were not disclosed.
GeoHidrologÃa, headquartered in Santiago was established in 2006 as a
groundwater resources and groundwater modeling firm. Initially, the company
focused on government agencies but soon it also became active for private sector
companies, especially for the mining sector. In response to client demands it
has developed capabilities in surface hydrology, environmental and hydraulic
engineering services . More recently the company has added geothermal resources
capabilities to assist its clients in reducing their energy consumption. In
addition the company offers environmental services
GeoHidrologÃa has successfully performed projects for private and public clients
in the mining and water utility sectors, including copper mining companies like
Codelco, SQM and Collahuasi; Aguas Andinas, the largest sewerage and drinking
water utility of Chile, Chilean Water Agency (DGA), and Chilean National Geology
and Mining Service (Sernageomin).
ARCADIS has successfully worked together with GeoHidrologÃa on projects in the
past. Water is a scarce resource for mining clients in Chile. With the
acquisition of Geohidrologia, ARCADIS is adding the core capability of
hydrogeological engineering and becomes the market leader in this field.Hernán
Bezamat, CEO of ARCADIS Chile said: "The hydrogeology expertise is essential for
many studies and projects that ARCADIS currently develops for mining clients and
government agencies, such as tailings deposits, waste rock dumps, tailings and
water dams as well as for environmental impact analysis. ARCADIS and
GeoHidrologÃa will deepen their diversified offers of solutions to their
customers through synergies that strengthen us as leaders in the Chilean and
regional market of engineering and consultancy".
Pablo Rengifo, CEO of GeoHidrologÃa, highlighted: "This merger will allow us to
offer our customers more comprehensive solutions in the field of water resources
and environmental hydrogeology, promoting the development and
internationalization of GeoHidrologÃa".
For more information please contact Joost Slooten at +31 (0) 20 2011083, or
outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com
About ARCADIS:
ARCADIS is a leading 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
21,000 people and €2.4 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. Please visit: www.arcadis.com
Click here for pdf version of the press release:
http://hugin.info/132839/R/1674337/545178.pdf
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Source: Arcadis N.V. via Thomson Reuters ONE
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