WSP Global

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WSP Global Inc.
Type Public company
Traded as TSXWSP
Industry Construction management, engineering consulting
Predecessor(s)
Founded 1959
Headquarters Montréal, Canada
Key people Pierre Shoiry, (President and Chief Executive Officer)
Revenue $2,016.02 million (2013)
Operating income $123.9 million(2013)
Net income $87.2 million (2013)
Employees circa 15,000 (2013[1] )
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. On June 7, 2012, Genivar Inc. announced that it made a friendly takeover cash offer of £278 million (C$442 million) for WSP Group PLC. The offer is backed by WSP's board of directors as well as investors holding 37% of the company's shares. The take over was completed on August 1, 2012.[2][3][4]

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 is changed to GENIVAR.[5]

Later on in England, WSP was established in 1969 by Chris Cole and three other partners trading as the Williams Sale Partnership.[6]In 1976, it was a founder member of BSRIA, the Building Services Research and Information Association. It was first listed on the London Stock Exchange in 1987.[6]

Both firms grew over the years, and in August 2012, WSP and GENIVAR merged, creating a professional services firm with approximately 15,000 employees, working in over 300 offices on every continent.[7]

Operations[edit]

The Company is organised into three businesses: Property, Transport & Infrastructure and Environment and Energy.[8]

Notable projects[edit]

Notable projects in progress


Notable completed projects

References[edit]

  1. ^ "WSP Announces Q4 and Fiscal 2013 Results in Line With Outlook and Advances Date and Time of its Conference Call". yahoo finance. Retrieved march 12, 2014. 
  2. ^ Van Praet, Nicolas (2012-06-07). "Genivar bids for WSP Group as Quebec firms continue Europe takeover binge". Financial Post. Retrieved 9 June 2012. 
  3. ^ "Genivar's $442 million WSP Group PLC takeover, no job cuts". The Gazette. 2012-06-08. Retrieved 9 June 2012. 
  4. ^ "GENIVAR and WSP Group join forces to become a global professional services firm with world-class expertise". GENIVAR Inc. (GNV). TMX Group. 2012-06-07. Retrieved 9 June 2012. 
  5. ^ "History". WSP. Retrieved 10 April 2014. 
  6. ^ a b "Building Magazine, The Long Haul". Retrieved 2008-04-03. 
  7. ^ "GENIVAR Inc Completes Acquisition Of WSP Group PLC". Reuters. Retrieved 1 August 2012. 
  8. ^ WSP Group:Services
  9. ^ "WSP throws reinforcements into Freedom Tower battle". Retrieved 2008-10-10. 
  10. ^ "The Masdar Initiative". Retrieved 2008-04-03. 
  11. ^ "KLCC - Petronas Towers". Retrieved 2011-09-25. 

Design Management of Buildings

External links[edit]