DPS €295m deal will be ‘game changer’ for engineering services sector

Dutch company Arcadis’s purchase of the Dublin-based firm will give it a new global reach, say industry sources

Frank Keogh, chief executive, DPS, will be one of the main beneficiaries from the sale of the company to Arcadis

The €295 million acquisition of DPS, the Dublin-based engineering and construction management firm, by the Dutch company Arcadis will be a “game changer” for the engineering services sector in Ireland.

The deal, which was announced last week, will see DPS integrated into a much larger company that has €3.2 billion in revenues, annual profits (Ebitda) of more than €300 million, and more than 33,000 staff in over 70 countries.

Industry sources said the deal will ...