Global Infrastructure Solutions Inc. acquired Hong Kong Design and Engineering (HK D&E) business of Arcadis NV from Arcadis NV (ENXTAM:ARCAD) on October 12, 2022. The transaction is an all-cash transaction. In a related transaction GISI agreed to acquire Arcadis business in Singapore. Dave Hallam is joining GISI from Arcadis as Managing Director of the HK D&E business. All employees of the acquired businesses will be retained with continued access to professional career development opportunities and benefits, including ownership of GISI stock, subject to regulatory compliance.

Global Infrastructure Solutions Inc. completed the acquisition of Hong Kong Design and Engineering (HK D&E) business of Arcadis NV from Arcadis NV (ENXTAM:ARCAD) on October 12, 2022.