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Malcolm Pirnie

Malcolm Pirnie

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Malcolm Pirnie Inc., an environmental engineering firm with a Clifton Park office, will soon merge with an international company.Malcolm Pirnie is being acquired by Arcadis, an international engineering company based in the Netherlands.

The merger is expected to be completed sometime next month, subject to approval by the private company's 80 internal shareholders.The company's board of directors has unanimously approved the merger, worth $222 million in cash and shares.Malcolm Pirnie does an array of environmental consulting work for public- and private-sector clients.

The company employs 55 people in a Clifton Park office, with $10.2 million in billings last year, a 15 percent increase over the year before.Overall, the company, headquartered in White Plains, N.Y., had $392 million in revenue last year.

In a statement, Arcadis said Malcolm Pirnie's profit margin is close to its target.Malcolm Pirnie will become a wholly-owned subsidiary of Arcadis, a public company, after the merger is closed.
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