Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

WSP and AECOM to merge?

20 March 2020
 

North American engineering consultancy giant WSP is reported to be in talks with rival AECOM about a possible merger.

Financial news service Bloomberg says Canada-based WSP initiated the discussions with its US-based rival. It reported on 4 March that a deal could be announced “as soon as next week”, adding that WSP was valued at $7bn and AECOM at $8.1bn.

Neither firm has made a statement since and the impact of the COVID-19 virus on the global economy could affect matters. Construction Dive on 6 March reported a source saying current market volatility could lead discussions to “drag on further or fall apart”. 

Glenigan told New Civil Engineer that the firms had won £951.8m of work in the UK in 2019, enough to put a combined group in first place in the league table for engineering and surveying services. 

Both firms have a huge presence in the UK transport sector. 

The firms have grown organically and through acquisitions. WSP acquiring Parsons Brinckerhoff in 2014.

Membership and Customer Service Officer (Cycle Parking)
Waltham Forest
Walthamstow
SO1 - £35,577-£36,567
Sustainable Travel Officer (Schools)
Southampton City Council
Hampshire, Southampton
£34,834 - 38,233
Engineer (Traffic Engineering Schemes Team)
London Borough of Haringey
Alexandra House
PO2 £39,951 – £42,840 per annum
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020