WSP USA Headquarters in New York City
|Traded as||TSX: WSP |
S&P/TSX Composite Component
|Industry||Design, Engineering consulting, Environmental consulting, Planning, Professional services|
WSP Group plc
(President and CEO)
|Revenue||C$6.4 billion (2016)|
Number of employees
WSP Global Inc. is a Canadian business providing management and consultancy services to the built and natural environment. It is listed on the Toronto Stock Exchange. After the purchase of New York-headquartered professional services firm Parsons Brinckerhoff in October 2014, WSP Global effectively became one of the largest professional services firms in the world, with approximately 43,600 employees in 500 offices serving in 40 countries.
Engineering Services firms, G.B.G.M. Ltd and Les Consultants Dupuis, Côté Inc., began operating in Quebec City in 1959.
In 1969 in England, WSP was established by Chris Cole and three other partners trading as the Williams Sale Partnership. 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.
After acquiring three firms and geographical expansion in 1993, the name of the Canadian firm GBGM was changed to GENIVAR.
In the 1990s, the company expanded at home and overseas forming WSP Asia in 1995, incorporating T P O'Sullivan and Partners in 1997, acquiring US practices Cantor Seinuk and Flack + Kurtz in 2000, as well as buying Jacobson & Widmark (J&W) in Sweden in 2001 (J&W was founded in 1938), LT Consultants Oyj and EMP Projects Oyj in Finland in 2003 and, PHB Group in the UAE in 2005.
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. This merger created a professional services firm with approximately 15,000 employees, working in over 300 offices worldwide.
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 for USD$1.24 billion. The company has a network of approximately 170 offices and nearly 13,500 employees on five continents and became a wholly owned independent subsidiary. Together, WSP | Parsons Brinckerhoff is one the largest professional services firms in the world with approximately 32,000 employees in 500 offices serving 39 countries.
In early 2015, WSP Global announced the engineering consultancy firm's plans to expand to 45,000 employees by 2020.
In January 2017, WSP | Parsons Brinckerhoff announced that it would assume the name WSP, effective from May 2017.
In July 2018, WSP announced its intention to buy Berger Group Holdings Inc., parent of the group of companies operating under the name of Louis Berger Group, a Morristown, N.J.-based international professional services firm, for $400 million.
The company is organised into the following main service areas: Transportation and Infrastructure, Buildings, Power and Water, Environment and Sustainability, Energy and Advisory Services.
Notable projects in progress
- Centre hospitalier de l'Université de Montréal: WSP provided project management services
- Berlin-Brandenburg International Airport: WSP CBP provided project management services
- The City Line in Sweden: WSP provided project management services
- MGM MIRAGE CityCenter in Las Vegas, Nevada
Notable completed projects
- One World Trade Center in New York City, NY
- The Shard in London, England
- 7 World Trade Center in New York, NY
- 8 Spruce Street in New York, NY
- 30 The Bond in Sydney, Australia
- 60 Wall Street in New York, NY
- 277 Park Avenue in New York, NY
- 383 Madison Avenue in New York, NY
- 1585 Broadway in New York, NY
- Airport Link, Brisbane Australia
- Arthur Ashe Stadium in Flushing, NY
- Australia and New Zealand Banking Group Headquarters, in Melbourne, Australia. The largest single-tenanted commercial office building in the Southern Hemisphere
- Beetham Tower, Manchester, the tallest building in the UK outside London
- Bính Bridge in Vietnam
- The Biogas-to-Energy project at the PetroSA refinery in Mossel Bay, South Africa
- Birmingham Bullring in Birmingham, England
- Canning Town station in London, England
- CBD and South East Light Rail, Sydney, Australia
- Citi Field in Flushing, NY
- City Central Development in Adelaide, Australia
- Collins Square in Melbourne, Australia (the largest mixed-use commercial development in Australia)
- Condé Nast Building in New York, NY
- Council House 2 in Melbourne, Australia
- Freshwater Place in Melbourne Australia
- Farnborough Business Park, England
- Gotha Tunnel in Gothenburg, Sweden
- Hearst Tower (New York City), the city's first Gold LEED (Leadership in Energy and Environmental Design) certified building
- Hungerford Bridge crosses the River Thames in London
- 885 3rd Avenue (The Lipstick Building) in New York, NY
- Mellon Bank Center in Philadelphia, PA
- The New York Times Building in New York, NY
- The Orion in New York, NY
- Petronas Twin Towers in Kuala Lumpur, Malaysia (WSP provided MEP services)
- Royal Bank of Scotland Headquarters in Edinburgh, Scotand
- Royal Shakespeare Company's Courtyard Theatre in London, England
- Southern Cross railway station, in Melbourne, Australia
- Suvarnabhumi Airport in Bangkok, Thailand
- Time Warner Center in New York, NY
- Torre Mayor in Mexico City, Mexico
- Trump International Hotel & Tower in New York, NY
- Trump Tower in New York, NY
- Trump World Tower in New York, NY
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- "Building Magazine, The Long Haul". Retrieved 3 April 2008.
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- Van Praet, Nicolas (2012-06-07). "Genivar bids for WSP Group as Quebec firms continue Europe takeover binge". Financial Post. Retrieved 9 June 2012.
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- "WSP PARSONS BRINCKERHOFF REBRANDING AS WSP". wsp-pb.com. Archived from the original on 2017-01-16.
- "Canada's WSP Global makes takeover bid for NZ's Opus International". Stuff.co.nz. 14 August 2017.
- Rubin, Debra. "WSP Global Will Acquire Louis Berger for $400 Million". Engineering News-Record (ENR). BNP Media. Retrieved 22 October 2018.
- "WSP Services". Archived from the original on 23 September 2014. Retrieved 24 September 2014.
- "One World Observatory Homepage". oneworldobservatory.com. Archived from the original on 2015-05-10.
- "KLCC - Petronas Towers". Archived from the original on 2012-03-25. Retrieved 2011-09-25.
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