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Hill Int’l acquires Polish firm

Construction management company Hill International, Marlton, said today that it is expanding into Poland by acquiring Euromost Polksa Sp. z o.o, a construction consulting firm.

Construction management company Hill International, Marlton, said today that it is expanding into Poland by acquiring Euromost Polksa Sp. z o.o, a construction consulting firm.

Euromost, based in Warsaw, works on commercial, industrial, retail and residential construction projects of varying sizes, Hill said in a news release. It has 130 employees with offices also in Krakow, Wroclaw and Gdynia.

The principal selling shareholder, UK-based construction consultancy Jackson Coles, said it would focus more on its British business after selling off Euromost. Terms of the deal were not disclosed.

Euromost logged $11.1 million in net revenues in 2007 and $2.2 million in profits, according to the company's unaudited financial results, Hill said.

The acquisition gives Hill and Euromost a combined global staff of 2,000 employees in 70 offices.

Hill provides program and project management services and construction management and claims services.

Hill shares were trading at $15.32 this morning on the New York Stock Exchange, down $0.08 from yesterday's close.