WSP Global

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WSP Global Inc.
Public company
Traded as TSXWSP
Industry Construction management, engineering consulting
Predecessor
Founded 1959
Headquarters Montréal, Canada
Key people
Pierre Shoiry, (President and Chief Executive Officer)
Revenue $2,902.4 million (2014)[1]
$134.2 million(2014)[2]
$87.2 million (2013)
Number of employees
32,000 (2014)[3]
Website www.wspgroup.com

WSP Global Inc. is a Canadian-based business providing management and consultancy services to the built and natural environment. It is listed on the Toronto Stock Exchange.

History[edit]

Engineering Services firms, G.B.G.M. Ltd and Les Consultants Dupuis, Côté Inc., began operating in Quebec City in 1959. After acquiring three firms and geographical expansion in 1993, the name was changed to GENIVAR.[4]

In 1969 in England, WSP was established by Chris Cole and three other partners trading as the William Sale Partnership.[5] In 1976, it was a founder member of the Building Services Research and Information Association (BSRIA). It was first listed on the London Stock Exchange in 1987.[5]

On 7 June 2012, Genivar Inc. announced that it made a friendly takeover cash offer of £278 million (C$442 million) for WSP Group plc, headquartered in London. The offer was backed by WSP's board of directors as well as investors holding 37% of the company's shares and the take over was completed on 1 August 2012.[6][7][8] This merger created a professional services firm with approximately 15,000 employees, working in over 300 offices worldwide.[9]

The company reorganised its corporate structure on 1 January 2014 to create a parent company named WSP Global Inc. and adopted the common brand of WSP.

On 31 October 2014, WSP Global announced that it had completed the purchase of New York-headquartered professional services firm Parsons Brinckerhoff from Balfour Beatty plc for USD$1.24 billion.[10] The company has a network of approximately 170 offices and nearly 13,500 employees on five continents.[11] The purchase of Parsons Brinckerhoff was completed on October 31, 2014 and the firm became a wholly owned independent subsidiary,[12] together WSP | Parsons Brinckerhoff are one the largest professional services firms in the world with approximately 31,500 employees in 500 offices serving 39 countries. They have also recently merged with CCRD partners, an engineering firm responsible for large hospital projects like the new Parkland Hospital in downtown Dallas. [13]

Operations[edit]

The company is organised into the following main service areas: Buildings, Energy, Environment, Industry, Mining, and Transport and Infrastructure.[14]

Notable projects[edit]

Notable projects in progress

Notable completed projects

References[edit]

General

Design Management of Buildings

External links[edit]