Golder is a global consulting firm with approximately 7,000 employees and 60 years of experience in providing earth sciences and environmental consulting services.
The aggregate cash consideration payable in connection with the Acquisition is approximately
'Today we have reached a transformational milestone for WSP, Golder and our 54,000 employees around the world as we begin our journey together as the leading global environmental consulting firm,' said
'Over the past few months, both WSP and Golder's leadership teams have been working together to build the foundation necessary to ensure we are unlocking the full potential of our increased scale and broader, deeper range of solutions to tackle key environmental and ESG challenges around the world. I am confident that our focus on technical excellence and shared passion for innovation and collaboration will facilitate integration, while providing professional development opportunities for our employees and long-term value for our communities, clients and shareholders,' added
Additionally, leaders from Golder will be taking strategic positions within both the Corporation's operating regions and support functions, creating a truly diverse, inclusive and collaborative platform maximizing integration success with WSP's existing leadership.
'Golder was built by generations of pioneering, passionate, and caring world-class experts that collectively created one of the most iconic global brands in the industry, underpinned by a strong inclusive culture with technical excellence and innovation at its core,' said Dr.
'I would like to thank Dr.
EXECUTIVE LEADERSHIP APPOINTMENT IN
'As we have entered the last year of our strategic cycle, we are confident that Marie-Claude's extensive technical background, combined with her track record in major project delivery, will set the foundation for sustained growth at WSP in
'After witnessing firsthand, the undeniable talent and level of expertise of WSP in
ABOUT WSP
As one of the world's leading professional services firms, WSP provides engineering and design services to clients in the Transportation & Infrastructure, Property & Buildings, Environment, Power & Energy, Resources and Industry sectors, as well as offering strategic advisory services. WSP's global experts include engineers, advisors, technicians, scientists, architects, planners, environmental specialists and surveyors, in addition to other design, program and construction management professionals. Our talented people are well positioned to deliver successful and sustainable projects, wherever clients need us.
FORWARD-LOOKING STATEMENTS
This press release contains information or statements that are or may be 'forward-looking statements' within the meaning of applicable Canadian securities laws. When used in this press release, the words 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'believe', 'estimate', 'predict', 'forecast', 'project', 'intend', 'target', 'potential', 'continue' or the negative of these terms or terminology of a similar nature as they relate to the Corporation, an affiliate of the Corporation or the combined firm following the Acquisition, are intended to identify forward-looking statements. Forward-looking statements in this news release include, without limitation, those information and statements related to the Acquisition and benefits of the Acquisition, and the Corporation's future growth, results of operations, performance business, prospects and opportunities, the expected synergies to be realized and certain expected financial ratios. Although the Corporation believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements since no assurance can be given that they will prove to be correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements, including risks and uncertainties relating to the following: the possible failure to realize anticipated benefits of the Acquisition, the integration of Golder's business, the loss of certain key personnel of Golder, the possible failure to achieve the anticipated synergies, increased indebtedness, transitional risk, potential undisclosed costs or liabilities associated with the Acquisition, the reliance on information provided by Golder, change of control and other similar provisions and fees, the nature of acquisitions, the fact that the combined firm will continue to face the same risks that the Corporation currently faces, potential litigation and other factors discussed or referred to in the 'Risk Factors' section of WSP's Management's Discussion and Analysis for the year ended
Contact:
Tel: 438-843-7317
Email: alain.michaud@wsp.com
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