Printer Friendly

DAMES & MOORE ACQUIRES NORECOL COMPANIES; ACQUISITION EXPANDS COMPANY'S VANCOUVER, B.C. OPERATIONS

 LOS ANGELES, April 1 /PRNewswire/ -- Dames & Moore (NYSE: DM), international and environmental consultants, has acquired Norecol Environmental Consultants and Norecol Environmental Management, both of Vancouver, British Columbia, effective March 27, 1993.
 The Norecol companies will be merged with Dames & Moore's existing consulting practice in Vancouver as Norecol/Dames & Moore. The merger will allow Dames & Moore to expand its comprehensive environmental, geotechnical and waste management consulting and design practice in British Columbia and throughout Western Canada.
 The Norecol companies' combined net revenues are currently annualizing at approximately CAN$3.5 million. The companies have about 40 employees.
 The purchase of the Norecol companies involved both an initial cash payment and a subsequent earn out to be determined by future profitability.
 Dames & Moore is a worldwide professional services company, providing comprehensive environmental and specialized consulting and engineering services. The company had gross revenues of $357.5 million in fiscal year 1992 and maintains offices and affiliates throughout the United States and in 19 other countries.
 -0- 4/1/93
 /CONTACT: Robert Perry, CFO of Dames & Moore, 213-683-1560/
 (DM)


CO: Dames & Moore; Norecol Environmental Consultants; Norecol
 Environmental Management ST: California IN: ENV SU: TNM


KJ-LS -- LA006 -- 2043 04/01/93 12:48 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 1, 1993
Words:200
Previous Article:EXPERT COMMITTEE FINDS NO INCREASED RISK OF ANTIBIOTIC RESIDUES FROM SUPPLEMENTAL BST
Next Article:ARTHUR W. SCHMUTZ ELECTED DIRECTOR OF H.F. AHMANSON & CO.
Topics:


Related Articles
DAMES & MOORE REPORTS FIRST QUARTER RESULTS
DAMES & MOORE SIGNS LETTER OF INTENT
DAMES & MOORE REPORTS THIRD QUARTER RESULTS
DAMES & MOORE ACQUIRES AMAN ENVIRONMENTAL INC.; EXPANDS COMPANY'S DEMOLITION, ENVIRONMENTAL REMEDIATION, AND CONSTRUCTION CAPABILITIES
DAMES & MOORE REPORTS FISCAL 1993 RESULTS
DAMES & MOORE ACQUIRES BOVAY NW INC.'S SHARES; ACQUISITION STRENGTHENS PACIFIC NORTHWEST OPERATIONS
DAMES & MOORE ACQUIRES BALSAM ENVIRONMENTAL CONSULTANTS INC.; ACQUISITION EXPANDS COMPANY'S NEW ENGLAND OPERATIONS
DAMES & MOORE SIGNS LETTER OF INTENT
DAMES & MOORE ACQUIRES DUTCH CONSULTING FIRM BUREAU VOOR MILIEUMANAGEMENT
DAMES & MOORE ACQUIRES WALK, HAYDEL & ASSOCIATES INC.; PURCHASE GIVES DAMES & MOORE FULL-SERVICE PROCESS ENGINEERING AND DESIGN CAPABILITIES

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters