Dames & Moore Group Acquires Radian International
Dames & Moore Group announced this week that it will acquire Radian International LLC from its owner The Dow Chemical Company for approximately $117 million. Radian is a leading multinational engineering, consulting and construction firm with annualized revenues of approximately $300 million and over 2,000 employees in 36 U.S. and 12 international offices.
Headquartered in Austin, TX, Radian offers a broad range of technical and consulting services to the private and public sectors. Areas of expertise include: process engineering, detailed design, construction management, pollution monitoring, information management, and remediation and related construction services. The company also provides services on an outsourced basis to its clients in the areas of total chemical management, environmental, and health and safety services.
Dames & Moore Group Chief Executive Officer Arthur C. Darrow said, "The acquisition of Radian will greatly expand our process/chemical engineering division and extend our client base in the chemical industry. "
Following the acquisition, Radian will continue to be managed by Dr. Donald M. Carlton, who co-founded the company in 1969 and serves as its president.
The Dames & Moore Group, a global engineering and consulting firm based in Los Angeles, CA, provides environmental, earth science, behavioral science and life science consulting as well as process engineering, and transportation and construction services.