EC Harris merges with Arcadis

EC Harris and Arcadis have signed a merger agreement, under which Arcadis assume full ownership of EC Harris in return for 3 million shares plus cash, though the final amount has not been revealed. The deal will result in a combined company with nearly 19,000 professionals worldwide along with €2.3bn in revenues. Philip Youell will continue as chief executive, while joining the Arcadis Senior Management Committee. Chairman Richard Clare will remain on the EC Harris Board in an advisory capacity.

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