WSP to acquire Ricardo, a global strategic and engineering consultancy firm

Montreal’s WSP Global to acquire U.K.’s Ricardo for $670-million

Under the deal, Ricardo shareholders will receive a 28.4 per cent premium per share on its June 10 closing price

WSP to acquire Ricardo, a global strategic and engineering consultancy firm

MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation"), one of the world's leading professional services firms, announces that it has reached agreements to acquire the entire issued and to be issued share capital of Ricardo plc ("Ricardo") for 430 pence (the "Offer Price") per share (the "Acquisition"). This Acquisition underscores WSP's commitment to expanding its footprint in high-growth sectors worl…

WSP to acquire Ricardo

INTERNATIONAL: Canadian professional services group WSP Global has agreed to acquire the entire share capital of UK-based international engineering consultancy Ricardo plc.

WSP to buy 110-year-old UK engineer Ricardo for $489m - Global Construction Review

Canadian engineer WSP plans to acquire British environmental and consulting engineer Ricardo for around US$489m. The 430-pence-per-share price is equivalent to 10.4 times Ricardo’s 2024 pre-IFRS 16 underlying EBITDA (earnings before interest, taxes, depreciation and amortisation), WSP said. Ricardo was founded in 1915 in Sussex, England by Sir Harry Ricardo, an engineer who contributed to the development of the internal combustion engine. The…

WSP to Buy Ricardo in $379M Deal - USA Herald

In a bold cross-continental power play, WSP Global Inc., the Canadian engineering juggernaut, announced Wednesday it will acquire British technology consultancy Ricardo PLC for £281 million ($379 million)—a strategic takeover that not only reshapes the global consulting landscape but also diffuses a mounting shareholder storm. The deal—engineered with legal finesse by Linklaters LLP for WSP and Ashurst LLP for Ricardo—unfolds amid mounting tensi…

WSP bid for Ricardo provides 70% return for Science Group

AIM-quoted Science Group (LON: SAG) is making a large gain on its stake in environmental and engineering consultancy Ricardo (LON: RCDO) following a 430p/share cash bid from WSP Group. Canaccord Genuity estimates that Science Group will make a 70% return in four months. Since February, Science Group has built up a 21.8% stake in Ricardo. […] The post WSP bid for Ricardo provides 70% return for Science Group appeared first on UK Investor Magazine.