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Construction M&A image Construction M&A » By The Online Investor Staff, updated Sat., Jan. 23, 6:21 PM Recent mergers and acquisitions in the Construction M&A category.

Slide #11. WSP Global Inc. Technip TPS S.A.S.

Acquirer: WSP Global Inc. (TSE:WSP.CA)
Acquiree: Technip TPS S.A.S.
Details: WSP Global Inc. (TSX:WSP) ("WSP" or the "Company") is pleased to announce the signing of an agreement under which it will acquire Technip TPS S.A.S. ("TPS"), the French subsidiary of Technip S.A. ("Technip"). The acquisition of TPS, which specializes in building and infrastructure engineering, will add 100 employees to WSP's existing workforce in France. In 2013, TPS posted EUR20 million in revenues (approximately CDN$30 million).

WSP Global is engaged in offering consulting services ranging from planning to execution, including conceptual and development studies, feasibility and economic studies, preliminary engineering and detailed design, plans and specifications, work supervision, environmental planning and projects and construction management. Co. operates in two geographic segment, Canada and International (Trinidad and Tobago and other countries). Through its subsidiaries, Co. operates in five industries: building, municipal infrastructure, industrial and energy, transportation and environment.

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Company Name: 
WSP Global Inc
Website: 
www.wsp.com
Sector: 
Construction
Number of ETFs Holding WSP.CA: 
3
Total Market Value Held by ETFs: 
$3.51M
Total Market Capitalization: 
$3.09B
% of Market Cap. Held by ETFs: 
0.11%
 

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