ARNHEM, The Netherlands, May 15 /PRNewswire-FirstCall/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, today announced that it has acquired the Belgian engineering firm Luc Van de Sype bvba (VDS). VDS, located in Haaltert, Flanders is specialized in infrastructure projects, has 35 employees and gross revenues of EUR 3.5 million. Further financial details were not disclosed. VDS, established in 1974 by engineer Luc Van de Sype, is active in four areas: infrastructure, hydraulics, spatial planning and mobility. The company predominantly operates for clients in the public sector (municipalities, cities, provinces) and for Aquafin - the water company of the Flemish government. "VDS is a good addition to the ARCADIS activities in Belgium," says Michiel Jaski, member of the Executive Board of ARCADIS. "This acquisition is a good step in the further strengthening of our position in the Belgian market: it gives us a foothold in a region in which we were not very well represented and brings in specialists with a solid reputation. On top of that VDS has excellent inroads with local governments, on which we can also capitalize with our other services." "This transaction provides good opportunities for our employees," says Luc Van de Sype, founder and director of VDS. "ARCADIS is a strong, solid group which offers realistic growth opportunities to our staff. Our own expertise fits perfectly with that of ARCADIS and the multidisciplinary and international nature are an extra marketing instrument. Our clients will also stand to benefit considerably from the combined knowledge we can offer them." ARCADIS is an international company providing consultancy, design and engineering and management 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 more than 13,500 employees and EUR 1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. 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, the risk that our delisting from NASDAQ and subsequent deregistration with the SEC will not become effective as currently anticipated, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These and 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. DATASOURCE: ARCADIS NV CONTACT: For more information, contact: Joost Slooten of ARCADIS NV at +31-26-3778604 outside regular office hours please call +31-6-2706-1880; email:

Copyright