This transaction will enhance WSP’s capabilities in
“This acquisition tracks our strategic ambitions to grow our offering in
“We are thrilled to announce the proposed acquisition of 1A Ingenieros and look forward to leveraging the power of a unified team in
“We are eager to merge our local expertise with WSP’s global reach, driving innovation and opening new opportunities for our people, to nurture their professional growth and pave the way for their future success,” said Ricardo Fortuoso Martin, President of 1A Ingenieros.
ABOUT 1A INGENIEROS
1A Ingenieros is the leading engineering company in Castilla y
ABOUT WSP
As one of the largest professional services firms in the world, WSP exists to future-proof our cities and our environment. It provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water, and mining sectors. Its 66,500 trusted professionals are united by the common purpose of creating positive, long-lasting impacts on the communities it serves through a culture of innovation, integrity, and inclusion. In 2023, WSP reported
FORWARD-LOOKING STATEMENTS
This press release contains information or statements that are or may be “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements may include estimates, plans, strategic ambitions, objectives, expectations, opinions, forecasts, projections, guidance, or other statements that are not historical facts. Forward-looking statements in this press release include, without limitation, information and statements relating to 1A Ingenieros; the expected benefits of 1A Ingenieros’s acquisition; WSP’s leadership position in its markets; and statements relating to the Corporation’s future growth, business performance, prospects and opportunities. These forward-looking statements are based on a number of assumptions believed by the Corporation to be reasonable as at the date of this press release, including assumptions on WSP’s ability to achieve synergies and maintain its market position as a result of the successful integration of 1A Ingenieros; WSP’s ability to attract and retain key 1A Ingenieros employees, management’s estimates and expectations concerning future economic and business conditions; and the accuracy and completeness of the information disclosed by 1A Ingenieros. Although WSP believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The complete version of the cautionary note regarding risk factors, which, if realized, could cause the Corporation's actual results to differ materially from those expressed or implied in forward-looking statements, are discussed in greater detail in section 20, “Risk factors” of WSP's MD&A for the quarter and year ended
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Chief Financial Officer
Phone: 438-843-7317
alain.michaud@wsp.com
Source:
2024 GlobeNewswire, Inc., source