Construction M&A » By The Online Investor Staff, updated Sat., Jan. 23, 5:27 PM
Recent mergers and acquisitions in the Construction M&A category.
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Slide #6. 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 "Corporation") is pleased to announce that it has completed its previously announced acquisition of Technip TPS S.A.S. ("TPS"), the French subsidiary of Technip S.A. ("Technip"). Based in France, TPS specializes in building and infrastructure engineering. The firm, which generated revenues of EUR20 million in revenues (approximately CDN$30 million) in 2013, has 100 employees. They will join the 50-employees team WSP already has in France, which is active in the infrastructure, hydraulics, environmental and building segments.
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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