WSP completes $1.8B environmental services purchase

WSP completes environmental services purchase for $1.8B

constructiondive constructiondive | 1 year ago

Dive Brief: Engineering and design giant WSP Global has completed its acquisition of the environment and infrastructure business of John Wood Group through a sale and purchase agreement for $1.8 billion ($2.40 billion Canadian), the Montreal-based infrastructure firm announced Wednesday. It’s part of a slate of purchases in that niche. The business provides engineering, remediation consulting, environmental permitting, inspection, monitoring, and environmental management services to a variety...

WSP Global Buys Wood's Environmental Unit in $1.8B Deal

Engineering News-Record Engineering News-Rec... | 1 year ago

June 3, 2022 Emell D. Adolphus KEYWORDS Wood Group / WSP Global Order Reprints No Comments Global design and professional services giant WSP Global Inc. has secured a $1.8-billion deal to purchase the environment and infrastructure consulting business of Wood Group, enabling it to add 5.500 employees for a workforce total of about 20,000 an...

WSP Global Buys Wood's Environmental Infrastructure Unit in $1.8B Deal

Engineering News-Record Engineering News-Rec... | 1 year ago

June 3, 2022 Emell D. Adolphus KEYWORDS Wood Group / WSP Global Order Reprints No Comments Global design and professional services giant WSP Global Inc. has secured a $1.8-billion deal to purchase the environment and infrastructure consulting business of Wood Group, enabling it to add 5.500 employees for a workforce total of about 20,000 an...

Tetra Tech trumps WSP bid for environmental firm RPS Group

constructiondive constructiondive | 1 year ago

Dive Brief: Pasadena, California-based engineering firm Tetra Tech has trumped engineering and design giant WSP Global’s offer for environmental consulting firm RPS Group, the company said in a press release. WSP had announced in August its intention to purchase the Abingdon, England-headquartered company to bolster its climate and infrastructure work. With Tetra Tech’s offer of $691 million beating WSP’s $641 million offer by about 7.8%, the RPS board of directors unanimously approved th...

Creating Intelligent Buildings Creating Intelligent... | 1 year ago

Is Your Healthcare Facility's Environmental Services Tech A Superstar?Across the country, Environmental Services (EVS) technicians at acute or long-term care facilities are at the frontline of patient care, providing clean and safe facilities for healthcare workers, patients, residents, and visitors. To recognize and honor these indispensable workers, Cintas Corporation is now accepting nominations for its 2022 C.A.P.E. Awards (Cleaning to Advance the Patient Experience) through August 8, 2022.E...

Xactus adds flood services with MassiveCert purchase

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Xactus, which through a series of deals evolved into one of the largest trimerge credit report providers, has moved into the flood services segment of the mortgage transaction with the acquisition of MassiveCert.Terms of transaction were not disclosed. MassiveCert is being rebranded as Xactus Flood Solutions.Until now, Xactus offered flood zone determinations to its clients that were obtained from third parties. This acquisition will allow it to market its own proprietary flood data and technol...

Biden restores stronger environmental review for federal projects

constructiondive constructiondive | 1 year ago

The updated National Environmental Policy Act could slow approvals for certain infrastructure projects, but help them resist lawsuits later on.

WSP declines to enter bidding war for RPS Group

Construction news, jobs and co... Construction news, j... | 1 year ago

American consultant Tetra Tech has agreed a £636m deal to acquire RPS that trumped an earlier offer of £591m announced in August. WSP has been mulling over a revised offer but confirmed today that it will not enter a bidding war. The firm said: “WSP Global continues to value a disciplined approach to acquisitions to maximise shareholder value. With a strong balance sheet, WSP Global remains confident on its ability to capture opportunities and execute on its strategic ambitions.” Tetra T...

Kier splits with WSP for £210m highways job

Construction news, jobs and co... Construction news, j... | 1 year ago

This will be the first Highways contract to be awarded since the council came into existence in April last year. Worth £30m a year the deal will run for seven years, with the potential to extend to a maximum of 14 years. Since 2008, highways maintenance has been delivered Northamptonshire-wide by KierWSP. But last April, the previous county council was split into North and West Northamptonshire councils each taking separate responsibility for highways maintenance. As West Northamptonshire Cou...