Related Links: Balfour Beatty Rejects Latest Carillion Merger Offer Team Pushes Montreal-Based WSP Global to the Next Level A New Big UK Purchase Deal Proceeds as Another Ends Balfour Beatty May Sell Parsons Brinckerhoff Amid Downgraded Profit Outlook While the U.K.’s largest contractor Balfour Beatty plc. has finally shut the door on merger talks with leading rival Carillion, the bidding war for London-based design firm Hyder Consulting has ignited between ARCADIS N.V., Amsterdam, and Japan's Nippon Koei, with the Dutch firm raising its offer by 12.3% on Aug. 21. Having recommended acceptance of Arcadis’s original offer in late July, Hyder
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.