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WSP Global (TSX:WSP) completes acquisition, forming environmental consulting firm
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  • WSP Global (WSP) has completed its acquisition of Enterra Holdings, the holding company of Golder Associates
  • Golder is a global consulting firm with approximately 7,000 employees and 60 years of experience providing earth sciences and environmental consulting
  • The acquisition cost WSP Global approximately US$1.14 billion
  • Leaders from Golder will be taking strategic positions within both the corporation
  • WSP Global is down 0.70 per cent on the day, with shares of the company trading at C$124.97 at 10:56 am ET

WSP Global (WSP) has completed its acquisition of Enterra Holdings, the holding company of Golder Associates.

Golder is a global consulting firm with approximately 7,000 employees and 60 years of experience providing earth sciences and environmental consulting services.

The acquisition cost WSP Global approximately US$1.14 billion.

"Today we have reached a transformational milestone for WSP, Golder and our 54,000 employees around the world as we begin our journey together as the leading global environmental consulting firm. This acquisition directly contributes to the realization of the goals we laid out in our 2019-2021 Global Strategic Plan. We expect that the addition of Golder will contribute to both strategic growth and value creation for many years to come," said WSP Global President and CEO Alexandre L’Heureux.

Additionally, leaders from Golder will be taking strategic positions within both the corporation’s operating regions and support functions, creating a diverse, inclusive and collaborative platform maximizing integration success with WSP’s existing leadership.

WSP Global is a worldwide professional services firm, and provides engineering and design services to clients in the transportation and infrastructure, property and buildings, environment, power and energy, resources and industry sectors, as well as offering strategic advisory services.

WSP Global is down 0.70 per cent on the day, with shares of the company trading at C$124.97 at 10:56 am ET.

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