The acquisition deal comes after Arcadis confirmed that it received a second unsolicited, conditional non-binding proposal on July 23 from Canada-based engineering giant WSP Global to be acquired for $5.7 billion. Terms of the Arcadis buyout deal for Satel, set to add 250 employees to its headcount, were not disclosed. An Arcadis spokesperson told ENR that Polinsky is expected to address the strategy behind the Satel acquisition during its second quarter results call on July 30. The company "reiterates its invitation" to Arcadis "to discuss its latest proposal and address any remaining concerns through constructive engagement.” 8 on ENR’s most current Top 225 Global Design Firms list, reporting $5.5 billion in 2024 global engineering revenue, wth WSP Global ranked No.