Construction M&A » By The Online Investor Staff, updated Sun., Apr. 11, 7:38 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 provides engineering and design services to clients in the transportation and infrastructure, property and buildings, environment, power and energy, resources and industry sectors, as well as offering strategic advisory services.
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