Companies

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

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…

Bumper year for Strabag AG as Germany tackles old infrastructure

Skanska promotes Bill Trombley to VP for West Coast civils

Mace appoints Gary Sweeney to lead health and tech consultancy in Europe

Brian Conlon leaves AtkinsRéalis to lead Mace in Saudi Arabia

France’s Egis opens office in the Philippines

Cowi opens Dublin office for €116bn ‘Project Ireland 2040’

Arup targets Asia Pacific growth with new MD and leadership

Lower-risk projects see Hochtief’s profits soar in 2024

Germany’s Drees & Sommer acquires US consultant VVA

Japan’s construction bankruptcies reach 10-year high

Bouygues agrees to use low-carbon cement brand after testing it

Strabag buys Georgiou for €140m to enter Australian market

Japanese JV enters Indian PPP road sector for first time

French investment consortium buys majority stake in Systra

Vinci buys two venerable Dutch firms to target electrical marine sector

Interview: Derek Amidon and GISI, the big firm you’ve never heard of

Northvolt to make cuts and layoffs but ‘remains committed’ to gigafactory projects

German machinery maker Bomag opens subsidiary in Spain

Mota-Engil profit up 65% on strong Latin American performance

Saint-Gobain buys fast-growing Mexican chemicals firm for $815m

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