CallisonRTKL employs 1,700 staff across 23 offices worldwide
CallisonRTKL鈥檚 owner, the Netherlands-based consultancy Arcadis, is considering selling the practice.
The firm has been put under review by Arcadis as it looks 鈥渢o sharpen its strategic focus鈥� with plans to put out an updated strategy for the global company in November.
鈥淎s part of this review, Arcadis will evaluate a range of strategic options to optimise the value of CallisonRTKL, within or outside of Arcadis, to provide the best prospects for our people, clients and shareholders,鈥� Arcadis said in a statement to Amsterdam鈥檚 stock exchange.
CallisonRTKL was formed out of the merger of Arcadis subsidiaries Callison and RTKL Associates in October 2015 and is currently headed up by Arcadis鈥� former global director of buildings Tim Neal.
The firm has 1,700 employees across 23 offices located in North America, Asia, the Middle East and Europe. It has two offices in the UK at London and Manchester.
Revenue for CallisonRTKL last year hit 鈧�326m (拢298m) with earnings before interest, tax, depreciation and amortisation of 鈧�31m (拢28.4m), Arcadis said.
The consultant added that the design specialist was 鈥渨ell positioned to grow profitably鈥�.
Arcadis said Bank of America Merrill Lynch had been retained as a financial advisor to help its review of strategic alternatives for CallisonRTKL.
CallisonRTKL won planning consent last month for a 213-home development in east Manchester aimed at the private-rented sector and is also working on the revamp of the 76-storey Columbia Center in Seattle and a $1bn (拢767m) mixed-use scheme in Los Angeles called Oceanwide Plaza.
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