Stantec acquires MWH Global

Stantec

Wednesday, 25 May, 2016

Architectural services company Stantec has announced the acquisition of MWH Global, an engineering, consulting and construction management firm focused on water and natural resources for built infrastructure and the environment.

The acquisition expands Stantec’s position as a global leader in water resources infrastructure while increasing its presence in key geographies, including the United Kingdom, Australia, New Zealand, South and Central America, Europe and the Middle East. In combination, the company will have around 22,000 team members distributed across more than 400 offices located around the world.

MWH shareholders were overwhelmingly supportive of the acquisition, with 99.7% voting in favour of its approval. Executive leaders from Stantec and MWH are now working together to develop an integration strategy that identifies and leverages the firms’ combined strengths.

“The closing of the acquisition marks an important step in the company’s continued journey to be a top global design firm,” said Bob Gomes, Stantec president and chief executive officer. “MWH brings new geographic presence, acclaimed industry reputation and, most importantly, shared values in their dedication to communities.”

Along with its global network of staff, MWH brings capabilities that are new to Stantec, including its Engineering and Technical Services group, which provide water-related design services to key hydropower, oil and gas, mining and industrial clients. MWH further contributes construction management, program management and management consulting business services related to water infrastructure.

“By combining the talents and expertise of our employees, we have forged an even stronger team to address our clients’ most challenging issues in water and infrastructure,” said Alan Krause, MWH chairman and CEO. “Inspired by our shared values and guided by our united purpose, we are now building a better world and designing with community in mind for an exciting new world of opportunities. Working together in this way, we can be more and do more for all of our employees, clients and communities.”

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