Acquisition of the 250-employee business will enable the company to provide water consulting services to industrial clients worldwide and will establish a presence for WSP in Chile and Peru. The acquisition will also add to the company鈥檚 presence in a number of, including the United States, the UK, Colombia and Mexico.
鈥淭he industrial water consultancy team will bring WSP an increased presence in the attractive global water market, more specifically, in the supply, management, control and environmental protection of water,鈥 said Alexandre L鈥橦eureux, the incoming president and chief executive officer of WSP. 听鈥淲e are strengthening our presence in South America, a region we are targeting in our 2015-2018 strategic plan.
The transaction is expected to close in the third quarter of 2016.
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