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E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE |
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Business Editors/Environment Writers |
ARCADIS AQUMEN Signs Facility Management Contract with DSM and SABIC |
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ARNHEM, NETHERLANDS, Oct. 4 -/E-Wire/Business Wire/--
ARCADIS, an international consulting and engineering company, announced today that it has signed a four-year contract with DSM Nederland BV and SABIC BV under which the facility management services for these two companies will be outsourced to ARCADIS AQUMEN, a joint venture between ARCADIS and U.K.-based Mowlem Aqumen. Under the contracts, ARCADIS AQUMEN will annually procure and manage approximately a total of EUR 40 million worth of services for DSM and SABIC. The contracts are expected to contribute to earnings starting in 2006. Further financial details were not disclosed.
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ARCADIS AQUMEN will deliver the facility management services at locations and offices of DSM and SABIC in the south of the Netherlands. Activities include the procurement and management of real estate management and maintenance, catering, cleaning and transportation of personnel.
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"With these two new contracts we realize further growth in our facility management activities, fully in line with the company's strategic goals. In addition, it underlines our strong market position in this field," said Bernt Bouwmeester, Director of ARCADIS AQUMEN.
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ARCADIS AQUMEN offers facility management services and was established in September 2002. The company will first be active in the Dutch market, but is also developing plans to expand to other European markets in the coming years.
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ARCADIS is a global network of business professionals providing services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With approximately 10,000 employees and $1 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions.
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Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These are other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company.
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