Construction cost consultancy firm will become part of Davis Langdon, an AECOM company, and expand AECOM's footprint in Asia
SINGAPORE, Aug. 28, 2012 /PRNewswire-Asia/ -- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that KPK, a construction cost, contract and project management consultancy firm with operations across Asia, will join the company.
KPK, which services clients in both the public and private sectors, was established in 1973 and has more than 600 people in mainland China, Hong Kong, India, Malaysia, Singapore, Sri Lanka, Thailand and Vietnam.
"KPK will enhance the offerings of our Davis Langdon cost and project consultancy business throughout Asia, which is part of our targeted, balanced growth strategy," said AECOM Chairman and Chief Executive Officer John M. Dionisio. "We are pleased to welcome KPK's employees to the AECOM family and look forward to expanding our businesses together."
"This will be a very significant development for our business in Asia as well as for AECOM's Davis Langdon operations," said Tony Shum, AECOM Chairman for Asia. "KPK will have access to the wealth of industry-leading technical capabilities from AECOM as well as the consulting expertise that Davis Langdon has around the world. Together, AECOM and KPK will provide a strong foundation to expand our project management and consultancy offering in the region.
KPK provides consultancy services for a wide range of facilities, including commercial, residential, industrial and health care. Upon completion of the transaction, KPK will go to market in most areas as "Davis Langdon KPK, an AECOM company."
"Joining with AECOM will bring new and exciting opportunities for both our clients and our employees," said KPK Chairman Dato' Sri Kandan. "We will be able to provide our clients with AECOM's global service offerings while creating new professional-development opportunities for our employees."
The transaction is subject to customary closing conditions, and is expected to close during the fourth calendar quarter of 2012. Upon closing, AECOM will have over 8,000 people across Asia.
About AECOM
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees 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 serves clients in more than 130 countries and had revenue of US$8.3 billion during the 12 months ended June 30, 2012. More information on AECOM and its services can be found at www.aecom.com.
About Davis Langdon
Davis Langdon, an AECOM company, is a leading global construction consultancy, providing managed solutions for clients investing in infrastructure, property and construction. The company has worked on some of the most complex and challenging projects around the world, including the Tate Modern and the Eden Project in the United Kingdom; Estadio do Dragao in Portugal; Abu Dhabi International Airport; Grand Egyptian Museum in Cairo, Egypt; the Gateway Bridge in Brisbane, Australia; the Transbay Terminal in San Francisco, U.S.A.; and the Gautrain Rapid Rail Link in Johannesburg, South Africa. As well as being the recipient of a number of regional accolades for excellence, Davis Langdon has been named World Architecture's "Top International Construction Consultant" for 19 successive years. The company employs approximately 3,000 people in more than 75 offices globally, spanning Europe, the Middle East, Australia and New Zealand, Africa and the U.S.A. For further information, please visit www.davislangdon.com.
Forward-Looking Statements: 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 annual report on Form 10-Q for the fiscal quarter ended June 30, 2012, 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.
Media Contact:
Chew Chee Yong
Senior Manager, Marketing & Communications, Southeast Asia
+65-6394-0330
Cheeyong.Chew@aecom.com
