Toronto-listed engineering and design firm Stantec has signed an agreement to acquire Australia’s GTA Consultants, a transportation planning and engineering company, for an undisclosed amount.
Set to close on 1 March, the deal brings GTA’s 135 technical staff in Melbourne, Sydney, Brisbane, Adelaide, and Perth under the aegis of Stantec, which already has 1,400 employees in Australia.
Founded in 1989, GTA provides expertise in transportation planning and analytics, engineering and technical design.
It has worked or is working on Australia’s biggest transport and urban development schemes, including Sydney CBD and South East Light Rail; the 26km North East Link motorway in Melbourne; Melbourne’s Chadstone Shopping Centre, the biggest mall in the Southern Hemisphere; Sydney’s Westmead Health Precinct; and Fishermans Bend in Melbourne, Australia’s largest urban renewal project.
"GTA adds immediate depth to our existing transportation service offerings in Australia and New Zealand, enhancing our transportation planning, advisory planning, and design capabilities in regions with significant infrastructure investment underway," said Gord Johnston, Stantec president and chief executive.
GTA managing director Michael Durkin said: "Joining Stantec will enable us to better serve our clients, providing us access to the deeper and broader capabilities of a truly global firm.
"Stantec shares our commitment to strong growth, offers access to specialists across the globe, and aligns with our vision to make a tangible difference in our communities."
Stantec has 22,000 employees worldwide.
Image: The Chinatown stop on the new South East Light Rail network in Sydney CBD, one of GTA’s projects (nicephotog/CC BY-SA 2.0)