News Release

AECOM, Maunsell Merge with Cansult

Merger aligns two preeminent technical services firms in Arabian Gulf

LOS ANGELES (Oct. 3, 2006) — AECOM, a leading global provider of design and management services in the transportation, facilities, and environmental markets, has merged with Cansult Limited, one of the most successful and highly regarded consulting firms in the Arabian Gulf.
 
Cansult has more than US$60 million in annual revenue and approximately 700 employees operating out of offices in Abu Dhabi, Dubai, Sharjah, Doha, and Al Ain, as well as in Ontario, Canada, where the firm is headquartered.  Through the merger, Cansult will be aligned with the Arabian Gulf operations of AECOM's Maunsell operating company, creating Cansult Maunsell.

Maunsell is among the fastest-growing firms in the Asia-Pacific and Middle East region, with more than 3,000 employees and a project portfolio that includes the US$18 billion Al Raha Beach Development, building engineering design for the US$108 million Dubai Studio City Sound Stages, and district cooling works for the new US$3.5 billion Dubai Metro Project, a world-first in terms of scale and capacity.
 
“This merger supports AECOM's global strategy to grow market leadership, while building for the future with its geopolitical and technical diversification,” said John Dionisio, AECOM president and chief executive officer.  “We are excited to bring together two companies with extremely talented people and powerful, market-leading brands, and leverage the strong organic growth of Maunsell with a terrific merger partner like Cansult.”

Together, the firms will have almost 1,500 employees, making it one of the largest design firms in the Gulf.  Cansult Maunsell will become the seventeenth AECOM operating company, alongside such market-leading brands as DMJM Harris, DMJM H&N, EDAW, ENSR, Faber Maunsell, Metcalf & Eddy, and UMA.

“Combining Cansult with Maunsell, and the strong growth of our Middle East business, will position us as the preeminent leader for technical expertise in the Arabian Gulf,” said Nigel Robinson, chief executive officer, AECOM-Middle East and Australia, New Zealand, and Asia Groups.

Jim Metcalfe, Cansult president and chief executive officer, will lead the Maunsell Middle East Group.  “We are delighted to become part of AECOM,” Metcalfe said.  “Aligning Cansult's strong presence in the Arabian Gulf marketplace with Maunsell and AECOM, and leveraging AECOM's global resources, broad professional services, and program management expertise brings significant benefits to our clients.” 

About AECOM

AECOM is a leading global provider of design and management services in the transportation, facilities, and environmental markets.  With more than 28,000 employees around the world, AECOM is a leader in all of the key markets that it serves.  AECOM companies provide a unique blend of global reach, local knowledge, innovation, and technical excellence in delivering outstanding solutions that create a better world in which to live and work.  Named in Forbes list of the “Top Private Companies,” AECOM serves clients in more than 60 countries and has annual revenue of $3.4 billion.  More information on AECOM and its services can be found at www.aecom.com