Tag Archives: environmental consulting

WSP snaps up John Wood Group’s Environment & Infrastructure business

WSP Global Inc has completed its previously announced acquisition of the Environment & Infrastructure business (E&I) of John Wood Group plc, providing WSP Global with further opportunities to grow in the environmental and water sectors.

E&I provides engineering, remediation consulting, environmental permitting, inspection, monitoring and environmental management services to government, industrial, infrastructure, oil and gas, power, water, and mining clients. Its 6,000 professionals are based in some 100 offices in over 10 countries, mainly in the US, Canada and the UK, with a secondary presence in Latin America and Europe.

“We are pleased to welcome E&I’s 6,000 professionals into the WSP family and are excited to create a strong market leader from two respected organisations with bold ambitions,” Alexandre L’Heureux, WSP’s President and Chief Executive Officer, said. “Joining forces will allow us to offer our clients expanded world-class multidisciplinary services while bringing new solutions and enhanced value. This transaction will also enable us to further seize opportunities in the fast-growing environmental and water sectors.

“Aligned with our Global Strategic Action Plan, this acquisition, along with our other recently announced transactions, will contribute to the achievement of our strategic ambitions while expanding our geographical range and adding expertise in key sectors. This will create even greater momentum as we future-proof our cities and our environment.”

Joe Sczurko, Executive President of E&I Consulting, said: “We are excited to join a world-leading consulting firm, where our combined expertise will add value for our clients through strengthened service capability, global reach and deep portfolio of technical experts. Together with WSP, we will be a unique advisor and provider for clients across all sectors and services, and the aspirations of our people for a more sustainable future have room to grow. We are now an industry leader at a time when environmental and infrastructure needs are a global priority.”

The aggregate cash consideration payable in connection with the acquisition is approximately $1.8 billion, subject to adjustments.

WSP to boost earth sciences and environmental consulting with Golder Associates buy

WSP Global says it has agreed to acquire all of the issued and outstanding shares of Enterra Holdings Ltd, the holding company of Golder Associates, as part of a $1.14 billion cash deal.

Alexandre L’Heureux, President and Chief Executive Officer of WSP, said the deal would create the leading global environmental consulting firm with approximately 14,000 of its 54,000 professionals dedicated to accelerating the world’s “green transition”.

“The combination ideally positions WSP to capitalise on the rapidly growing ESG trends driving demand for environmental services and sustainable infrastructure development,” he said.

The combination of Golder and WSP, which is being supported by Golder’s partners, would see WSP’s earth sciences and environmental consulting services represent circa-25% or $2 billion of WSP’s total $8 billion pro-forma net revenues, it said.

Dr Hisham Mahmoud, Global President and Chief Executive Officer of Golder, said: “Over the last 60 years, Golder has been on a journey where we have built one of the most successful and respected brands in the industry.

“Combining Golder’s industry-leading expertise with WSP’s impressive world-class platform and highly complementary services will provide long-term benefits for our people and help create greater value for our clients.”

The acquisition is expected to be completed in the first half of the June quarter of 2021, WSP said.