WSP and AECOM to merge?

20 March 2020
 

North American engineering consultancy giant WSP is reported to be in talks with rival AECOM about a possible merger.

Financial news service Bloomberg says Canada-based WSP initiated the discussions with its US-based rival. It reported on 4 March that a deal could be announced “as soon as next week”, adding that WSP was valued at $7bn and AECOM at $8.1bn.

Neither firm has made a statement since and the impact of the COVID-19 virus on the global economy could affect matters. Construction Dive on 6 March reported a source saying current market volatility could lead discussions to “drag on further or fall apart”. 

Glenigan told New Civil Engineer that the firms had won £951.8m of work in the UK in 2019, enough to put a combined group in first place in the league table for engineering and surveying services. 

Both firms have a huge presence in the UK transport sector. 

The firms have grown organically and through acquisitions. WSP acquiring Parsons Brinckerhoff in 2014.

Senior Transport Planner
London Borough of Camden
5 Pancras Square, London, N1C 4AG
£44,579
Healthy Streets Principal Traffic Engineer
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
£38,296 to £ £43,421 (Career Grade BG12)
Healthy Streets Principal Traffic Engineer
Bristol City Council
100 Temple Street Redcliffe Bristol BS1 6AN
£38,296 to £ £43,421 (Career Grade BG12)
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020