.
MergerLinks Header Logo

New Deal


Announced

Completed

SNC-Lavalin acquired WS Atkins Plc for a C$3.6bn.

Financials

Edit Data
Transaction Value£2,121m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA10.83x
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

project management

Engineering Consulting

support services

engineering consultancy

United Kingdom

Public

Scheme

Acquisition

Completed

Friendly

Single Bidder

Synopsis

Edit

SNC-Lavalin, a Montreal-based company, which provides engineering, procurement and construction and engineering, procurement, and construction management services in a variety of industry sectors, including mining and metallurgy, oil and gas, environment and water, infrastructure and clean power, acquired WS Atkins Plc, a British multinational engineering, design, planning, architectural design, project management and consulting services company headquartered in London, for a C$3.6bn. “Joining SNC-Lavalin will provide us with the ability to offer our clients and employees the enhanced scale, capabilities, expertise and other benefits that come with being part of a larger and stronger global company,” said Heath Drewett, President of Atkins. “At the same time, we look forward to bringing our own unique project management, design, consulting and engineering capabilities to SNC-Lavalin’s clients. The result will be a more agile and responsive company that better meets client needs and creates cross-selling opportunities.”

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US