WSP Global Signs Deal to Buy Engineering Consulting Firm Ricardo

WSP Global signs deal to buy engineering consulting firm Ricardo

MONTREAL — WSP Global Inc. says it has signed a deal to buy Ricardo plc in an agreement that values the engineering consulting firm at about $670 million. Headquartered in the United Kingdom, Ricardo operates in over 20 countries.

WSP Global Signs Deal To Buy Engineering Consulting Firm Ricardo - Canadian Manufacturing

WSP Global Inc. says it has signed a deal to buy Ricardo plc in an agreement that values the engineering consulting firm at about $670 million. Headquartered in the United Kingdom, Ricardo operates in over 20 countries. Under the deal, WSP says it will pay 430 pence per Ricardo share. Ricardo’s business is organized under two main portfolios with one group including its air quality, water management, energy resilience, policy strategy, and advis…

WSP Global to acquire 110-year-old listed London firm for £281m

London-based environmental, engineering and strategic consulting company Ricardo is set to be acquired by WSP Global for around £281m. The Canada-headquartered professional services firm has over 72,000 professionals working across more than 50 countries and says it recognises the value of Ricardo’s automotive and industrial and performance products businesses. The deal means that another company will delist from the London Stock Exchange, as th…