ARCADIS Signs Expanded Facility Management Contract With Philips
February 15 2008 - 7:30AM
PR Newswire (US)
ARNHEM, The Netherlands, February 15 /PRNewswire-FirstCall/ --
ARCADIS (EURONEXT: ARCAD), the international consultancy, design
and engineering company, today announced that a new, larger, five
year facility management contract was signed between Philips and
ARCADIS AQUMEN FM, a joint venture between ARCADIS and U.K-based
Carillion. Because of the expiration of the last four year
contract, Philips has organized a tendering procedure in which
ARCADIS AQUMEN was again selected as partner. In the new contract
services are offered to facilities of Philips in the Netherlands
and Belgium. It is expected that the floor space managed under the
new contract will ultimately range between 1.2 and 1.5 million
square meters, more than double the amount from the previous
contract of 600.000 square meters. ARCADIS AQUMEN expects the
annual gross revenue in the contract to amount to EUR 50 to EUR 60
million. Further financial details were not disclosed. ARCADIS
AQUMEN has provided facility management services for a number of
Dutch Philips locations since 2003. In addition to a larger number
of locations, the new contract also foresees an expansion in the
number of services. ARCADIS AQUMEN will operate as an independent
Facility Management provider, taking responsibility for purchasing
and the quality level of the services, including the cost savings
that are to be realized. With this approach, the company is one of
the fastest growing independent suppliers of facility management
services in the Benelux market. ARCADIS Board Member Michiel Jaski
about the contract: "We are proud that Philips has selected ARCADIS
AQUMEN as a partner for its facility management services. It is a
major challenge for us to contribute to Philips' goals for further
process improvement and value creation. The contract with Philips
demonstrates that our focus on providing added value to clients is
yielding results and is a clear sign that the chosen strategy of
ARCADIS AQUMEN to be an independent FM provider leads to market
successes." Notes to Editors ARCADIS is an international company
providing consultancy, 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 12,000 employees and over EUR1.5
billion in gross revenue, the company has an extensive
international network that is supported by strong local market
positions. Visit us on the internet: http://www.arcadis-global.com/
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 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. Carillion plc is a leading
provider of integrated solutions for buildings, infrastructure and
services in the UK, with well-established businesses
internationally. As a FTSE 250 company with annual revenue in the
region of GBP4 billion and around 50,000 employees, the Group
delivers high quality, cost-effective and sustainable solutions
using its wide range of skills and resources. Its key target
markets are facilities management and support services for public
and private sector customers, health, defence, education and
transport (rail and road infrastructure) and building.
http://www.arcadis-global.com/ ARCADIS NV, Nieuwe Stationsstraat
10, P.O. Box 33, 6800 LE Arnhem, The Netherlands DATASOURCE:
ARCADIS NV CONTACT: For more information contact: Joost Slooten,
ARCADIS at +31-26-3778604, cell phone +31-6-2706-1880 or email at ;
Eric Drent, Philips at +31-40-2783964 or email at
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