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Malcolm Pirnie is being acquiredby , an international engineerin g company based in the Netherlands. The merger is expected to be completed sometimenext month, subject to approval by the private company’sx 80 internal shareholders. The company’s board of directors has unanimously approvesdthe merger, worth $222 million in cash and shares. Malcol m Pirnie does an array of environmental consultin workfor public- and private-sector clients. The companyy employs 55 people in a Clifton Park with $10.2 million in billings last year, a 15 percent increase over the year before. Overall, the headquartered in White Plains, had $392 million in revenue last year.
In a Arcadis said Malcolm Pirnie’s profit margin is close to its Malcolm Pirnie will becomewa wholly-owned subsidiary of a public company, after the mergetr is closed.
Saturday, February 11, 2012
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