Geotechnical consulting engineering firm Raba Kistner announced that it has been acquired by Construction Sciences, PTY, LTD based in Brisbane, Australia for an undisclosed amount. Raba Kistner has been in existence for 50 years and has operations in Texas, Utah, Nebraska, Arizona, New York, California and Mexico with some 500+ employees. The Raba Kistner name will remain, as will President Gary Raba, son of firm founders Karl and Bunny Raba.
URS Corp. has completed the buyout of Washington Group International Inc. for $3.1 billion in cash and stock. I saw the buyout listed as $3.2 billion somewhere else…hey, what’s another $100 million, right? Read more about the deal.
I used to work for URS, and we used to joke about their seemingly continuous acquisition of companies. Hence the Borg reference in the image I created at left.
"We are URS. You will be assimilated. Your engineering and technological distinctiveness will be added to our own." — Martin Koffel (just kidding)
London, United Kingdom (18 May 2011) – AMEC, the international engineering and project management company, announces today that it has agreed to buy MACTEC, a leading US engineering and environmental services company, from its private equity and other individual shareholders for a cash consideration of US$280 million. Completion is subject to regulatory approval and is expected by the end of June 2011. [Editor] Click through for the rest of the press release from AMEC. [/Editor]