WSP Global says acquisition hunt isn't over after ‘consolidation’ phase

MONTREAL — WSP Global says acquisitions will remain a key part of its expansion strategy, even after snapping up four companies so far this year.

The engineering firm bought four consulting firms in four countries — Canada, Finland, Spain and the United States — adding more than 800 employees to its workforce. The purchases follow five other acquisitions since September 2022, when WSP absorbed U.K.-based John Wood Group’s environment and infrastructure business for US$1.81-billion.CEO Alexandre L’Heureux says that after a year of "consolidation," the pieces are in place to continue growing through its existing businesses as well as firms yet to be acquired.The company says healthy organic revenue growth helped drive a 13 per cent jump in net earnings to $126.8 million in its first quarter.

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WSP Global earnings rise to $126.8 million in first quarter, revenues also upWSP Global Inc. says it earned $126.8 million in the first quarter, up from $112.5 million a year earlier.
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WSP Global earnings rise to $126.8 million in first quarter, revenues also upMONTREAL — WSP Global Inc. says it earned $126.8 million in the first quarter, up from $112.5 million a year earlier. The Montreal-based engineering company ...
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