WSP Global, one of the world’s leading professional services firms, has completed its previously announced acquisition of UK-based global strategic and engineering consultancy firm Ricardo.
Ricardo operates in over 20 countries across Europe, Australia, North America, Asia and the Middle East, delivering solutions that intersect the transport, energy and environment agendas.
The acquisition strengthens WSP’s presence in key markets such as the UK, Australia and the Netherlands, and accelerates itsgrowth in advisory, energy transition, water solutions and rail.
Alexandre L’Heureux, president and CEO of WSP, said: “We are pleased to bring Ricardo into WSP and welcome new colleagues across the globe. The team’s deep, differentiated expertise in areas that are increasingly critical to our clients—air quality, water management, energy resilience, policy strategy and rail—enhances our offering and accelerates our momentum toward our strategic ambitions in high-growth sectors and markets.
“We will now focus on integrating our teams and building on our combined strengths. Our complementary capabilities and shared passion for technical excellence position us to drive greater innovation and deliver added value as we support our clients through complex transitions.”
“Today marks a significant milestone for Ricardo as we proudly join WSP,” said Graham Ritchie, CEO of Ricardo. “WSP’s belief in our strategy and support for our continued journey reflects the strength of what we have built over the past few years since we launched our strategy focused on sustainable growth in key markets.
“Ricardo and WSP share values and a purpose-led culture, so this acquisition accelerates our ability to deliver a broader, more impactful offering to our clients. It also opens up exciting new opportunities for our talented teams—opportunities that would not have been possible without this partnership.
“We are committed to supporting WSP’s dynamic strategic vision and look forward to shaping the future together.”
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