WSP Global's acquisition hunt isn't over after ‘consolidation’ phase: CEO

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OTTAWA — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.

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. After a year of “consolidation” at the firm, the stage is set for more growth through its existing businesses as well as companies yet to be acquired, the chief executive said.

“With M&A , we have a very good start,” he said. “The pipeline is healthy, so I’m confident that the remainder of the year should bear fruits.”

 

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