WSP announces acquisition of Golder Associates4 December 2020
Global engineering services provider WSP has announced it has entered into an agreement to acquire Ontario-based Golder Associates (GA), a leading earth science and environmental services consultant with globally-respected tunnelling expertise.
A further manifestation of WSP’s meteoric growth, the announcement follows a string of high-value engineering acquisitions made by the company in recent years, including Parsons Brinckerhoff (2014), Mouchel Consulting (2016), Opus International (2017), Berger Group (2018) and LT Environmental (2020). As a result, the move will see the company’s global workforce rocket to 54,000, cementing its place as a global leader in engineering and environmental consulting.
Golder Associates is no stranger to tunnelling: recent high-profile tunnel consultancy work includes the Riverside Stormwater Interceptor of Saint-Lambert, Quebec, Canada; Tuen-Mun Chek Lap Kok Link – Northern Connection Subsea Tunnel, Hong Kong; Finsbury Park Station, London; Stockholm Metro extension, Sweden; Sydney WestConnex M8 tunnels; Melbourne Metro; and a submersed tunnel in Gothenburg, Sweden.
WSP President and CEO Alexandre L’Heureux said of the acquisition: “[It]… ideally positions WSP to capitalise on the rapidly-growing ESG [environmental, social and governance] trends driving demand for environmental services and sustainable infrastructure development.”
He added: “This acquisition directly contributes to the realisation of the goals we laid out in our 2019-2021 Global Strategic Plan and is expected to contribute to both strategic growth and value creation for many years to come.”
The acquisition is expected to be completed in the second quarter of 2021.