600 professionalsStrategic acquisitionBusiness Services
WSP to acquire GCM Corpo, adding 600 engineers in Canadian energy
WSP Global has agreed to buy GCM Corpo, a Canadian engineering consulting and specialist services provider to the energy and industrial sectors with roughly 600 professionals across Québec, Western and Atlantic Canada. Part of the purchase price will be paid in WSP common shares to sellers, including the Fonds de solidarité FTQ, GCM Corpo's largest shareholder. Terms were not disclosed.
Why it matters: WSP is stacking energy and industrial capabilities, from process engineering to OT cybersecurity, as Canadian energy capex accelerates.
Read the full coverage, free
We only link to sources you can read without a subscription. How we check.