2021 CIRT Sentiment Index: First Quarter Report

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Beyond Vertical Integration
For decades, mergers and acquisitions have shaped the design and construction industry’s business landscape. Through these mergers, companies have often achieved better economies of scale, branched out into new geographies and added new services and expertise. Although the industry consolidation has occurred – and continues to take place – at a relatively slow pace compared to other economic sectors, in recent years a growing number of large, multina-tional engineering and construction (E&C) companies have combined disciplines and expertise into full-service firms.
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