Stantec Inc. (TSX:STN) signed a Letter of Intent to acquire Wenck Associates, Inc. on December 3, 2020. The consideration will be paid in cash and notes payable. This acquisition will immediately add depth and breadth to Stantec’s environmental services team, especially in the US Midwest. Stantec also acquired Teshmont and AGEL and the total aggregate net cash consideration paid was CAD 50.6 million. Stantec Inc. (TSX:STN) completed the acquisition of Wenck Associates, Inc. on December 31, 2020.