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|AECOM acquires INOCSA Ingenieria, S.L.|
LOS ANGELES, May 10, 2010 (BUSINESS WIRE) --AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has acquired INOCSA Ingenieria, S.L. (INOCSA), a professional technical services firm with headquarters in Madrid, Spain.
INOCSA also has offices in the countries of Romania and Bosnia and a total of approximately 550 employees providing services to public and private clients. Its services include architecture, design, engineering, program management and urban planning.
"INOCSA's expertise in segments such as transportation - especially high-speed rail, which is a focus for us around the world - energy, environment and water make it a natural fit with AECOM's worldwide suite of services," said AECOM president and chief executive officer John M. Dionisio. "Its presence in Europe also positively grows our footprint on the continent. Conversely, our global platform will create new opportunities for INOCSA staff and enable new service offerings for its clients. We are delighted to welcome INOCSA to our global team."
"Joining AECOM positions us to expand our geographic reach and seize new growth opportunities as part of a global enterprise," said INOCSA Chairman Antonio Lorente del Prisco. "We look forward to bringing our expertise to AECOM, and the professional development opportunities for our staff that come with being part of a global industry leader. We are excited about the outstanding possibilities that exist for our clients and our employees as we join AECOM."
AECOM (NYSE: ACM) 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 enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended March 31, 2010. More information on AECOM and its services can be found at www.aecom.com.
Founded in 1976, with headquarters in Madrid, Spain, INOCSA provides transportation, environmental, water and architecture services. In addition to successfully completing some of Spain's most high-profile infrastructure projects of the last four decades - including highways, transit and high-speed rail projects, airports, and desalination plants - INOCSA has successfully grown its presence and service offerings to meet the needs of clients. Currently, INOCSA has a strong presence in Spain, Romania and the Balkan region, and Central America, with offices throughout Europe and Latin America. More information on INOCSA can be found at www.INOCSA.es.
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 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, 2010, 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.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation