Announced

WSP to acquire Ricardo for £363.1m.

Synopsis

WSP Global, a Canadian consulting firm, agreed to acquire Ricardo, a global strategic, environmental and engineering consultancy, for £363.1m. “The proposed acquisition of Ricardo perfectly aligns with WSP’s vision for sustainable, compounding growth and our clear ambitions to expand in advisory, energy transition, water solutions, and the rail sector over the next three years. We are poised to enhance our ability to deliver innovative solutions as we combine our global reach and resources with Ricardo’s complementary expertise. Moreover, the shared entrepreneurial spirit and technical excellence between our teams position us to create further value for our clients. We look forward to welcoming Ricardo’s talented professionals to WSP and seizing new opportunities with our broadened service offering,” Alexandre L’Heureux, WSP President and CEO.

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