WSP Global on the hunt for big companies as acquisitions climb the to-do list

is eyeing larger acquisitions once again after working to shore up operations and snap up smaller companies over the past 18 months, says CEO Alexandre L’Heureux.Following a spate of takeovers, the engineering company worked to scrap digital barriers between offices scattered across some 60 countries.

But the latest acquisitions were small compared with some earlier purchases – the U.K.-based John Wood Group’s environment and infrastructure business for US$1.81 billion in 2022, for example – leaving the Montreal-based company ready for bigger fare amid a 22-per-cent year-over-year boost in profit last quarter to $184.1 million.

He sees opportunities for growth in continental Europe, Australia and the United States – where the outcome of a presidential election later this year will have little bearing on WSP’s prospects, he said. “Whether it’s a Republican president or a Democrat president, we feel that WSP is very well positioned to take advantage of what will take place over the next few years.”

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSP Global on the hunt for big companies as acquisitions climb the to-do listMONTREAL — The head of WSP Global Inc. says it's eyeing larger acquisitions once again after a period of consolidation and smaller purchases.
Source: SooToday - 🏆 8. / 85 Read more »

WSP Global on the hunt for big companies as acquisitions climb the to-do listMONTREAL — The head of WSP Global Inc. says it's eyeing larger acquisitions once again after a period of consolidation and smaller purchases.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »