The 拢60m acquisition adds about 1,000 staff to WSP鈥檚 UK workforce, more than 拢90m in annual revenues and expands its strategic advisory offering.
Capita REI provides advisory, design, engineering, environmental and project management services for land, building and infrastructure owners; GLH provides advice to developers and investors.
Mark Naysmith, chief executive of WSP UK & EMEA, said. 鈥淲e are delighted to welcome our new colleagues from Capita REI and GL Hearn as the matching capabilities and cultures will boost WSP鈥檚 expertise in our core markets. This acquisition aligns perfectly with our strategic ambitions in these markets and will support the diversification of our strategic advisory offering into adjacent markets.鈥�
WSP president Alexandre L鈥橦eureux added: 鈥淭hrough the acquisitions of Capita REI, GL Hearn and the recently announced Wood鈥檚 Environment & Infrastructure closing, WSP will enhance its scale, strengthen its value proposition, and accelerate its growth potential in the UK.鈥�
However, WSP's planned 拢625.9m aquisition of RSP now looks to be off the table, with Tetra Tech coming in with a higher bid of 拢636m.
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