Bus

AECOM completes RSW acquisition

Posted on November 29, 2010

AECOM Technology Corp. announced it has completed its acquisition of RSW Inc., an international engineering firm based in Montreal.

RSW is a 550-employee service provider to clients in key end markets, including hydro power and transmission and distribution, which will bolster the company's already strong portfolio of services, particularly in its global energy business.

RSW generated approximately $45 million of gross revenue in the 12 months ended Nov. 30, 2009. AECOM expects the transaction to be accretive to cash earnings per share (EPS) in fiscal year 2011. On a Generally Accepted Accounting Principles basis, the transaction is expected to be neutral to EPS in fiscal year 2011.

 

View comments or post a comment on this story. (0 Comments)

More News

Innovative maintenance helps St. Louis Metro bus log 1 million miles

Program has been able to extend the lifespan of buses by 25% and decrease the rate of breakdowns by 85%.

UK’s first full-sized autonomous bus begins depot trials

The 38-foot Alexander Dennis Ltd. Enviro200 bus is being piloted by Stagecoach.

METRO launches submissions process for Innovative Solutions Awards

This is a great opportunity to highlight the successes of your bus operation or company.

STV|DPM relocates Connecticut bus facility

Through a management contract with Connecticut Department of Transportation, NET provides public bus transit services in the greater Waterbury, Meriden, and Wallingford areas.

California's NCTD implements bus stop optimization program

Approximately 90 bus stops were identified for removal or consolidation based on the review.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation