ENP Newswire - 14 July 2014
Release date- 11072014 - LOS ANGELES - AECOM Technology Corporation (NYSE:ACM), the world's #1-ranked engineering design firm, announced today that Madrid-based ACE International Consultants S.L. has joined its international development business.
Terms of the transaction were not disclosed.
ACE International Consultants is a leading consulting firm specializing in economic and social development cooperation and private sector development. Its primary client is EuropeAID, with additional work funded by the World Bank, the InterAmerican Development Bank, and the European Training Foundation. The firm has approximately 80 employees who leverage their working relationships with a global network of roughly 8,000 experts in nearly 140 countries to advance clients' programs.
'Adding ACE International Consultants' professionals and their expertise to our international development business bolsters our presence in Africa, the Mediterranean region and Latin America while also strengthening our relationships with keyEurope-based aid organizations,' said Mike Burke, AECOM president and chief executive officer. 'Combining our firms' resources advances AECOM's growth strategy for our government business and diversifies our client base at a time when international development spending is expected to increase during the next decade.'
ACE International Consultants' recent projects include work in Algeria, Colombia, Croatia, El Salvador, Honduras, Mexico,South Africa, Tunisia and Turkey.
'Joining AECOM - a Fortune 500 company - provides us with the size, reach, and breadth of technical expertise that will inspire clients while enabling us to deliver larger projects in more countries,' said Antonio Bonet, president of ACE International Consultants. 'We'll also be able to expand our expertise in sectors such as agriculture, energy, transportation and the environment.'
'ACE International Consultants strengthens AECOM's ability to improve the quality of life for people around the world through targeted initiatives that support growth, reduce poverty, improve education and provide clean drinking water,' added Michael J. Donnelly, AECOM's group chief executive, global support services, which includes the international development business. 'We enthusiastically welcome Antonio Bonet and his entire team to AECOM.'
Ranked as the #1 engineering design firm by revenue in Engineering News-Record magazine's annual industry rankings, AECOM is a premier, fully integrated infrastructure and support services firm, with a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees - including architects, engineers, designers, planners, scientists and management and construction services professionals - serving clients in more than 150 countries around the world, AECOM is a leader in all of the key markets that it serves.
AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM had revenue of $8.0 billion during the 12 months ended March 31, 2014. More information on AECOM and its services can be found at www.aecom.com.
All statements in this press release other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue.
Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2014, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.