Arcadis Buys Out Brazil Subsidiary

Arcadis Buys Out Brazil Subsidiary

Brazil M&A

Dutch engineering and management company Arcadis has completed the acquisition of its Brazilian, subsidiary, Arcadis Logos. Arcadis had owned a 50% plus 1 share stake in the company. The deal excludes Arcadis Logos’ power generating assets. Logos has 2,100 employees and over EUR150m in annual revenues. The deal was partially financing by the issuance of 1.16m Arcadis shares. The rest of the deal was paid for with an undisclosed amount of cash, according to an Arcadis spokesperson. Arcadis d

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