WSP to acquire Ricardo in £363m deal as it sharpens focus on energy, environment and rail
11 June 2025
Sign on the WSP Global Inc. office building in Etobicoke, Toronto, Canada (Image: JHVEPhoto via AdobeStock - stock.adobe.com)
Global professional services firm WSP has agreed to acquire UK-based strategic and engineering consultancy Ricardo, in a deal that will strengthen its capabilities across energy transition, environmental services, and rail infrastructure.
The acquisition values Ricardo at £363m (CAN$670 million) and will add around 2,700 staff to WSP’s global workforce. Ricardo operates across more than 20 countries, including markets such as the UK, Australia, the Netherlands, North America, and the Middle East.
Headquartered in the UK, Ricardo has repositioned itself in…
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