Press Releases

  • Tuesday, September 1, 2015
    WSP Enhances its Structural Building Practice in the United States Through the Acquisition of Halvorson and Partners and Divests its Participation in Link Arkitektur

    MONTREAL, QUEBEC--(Marketwired - Sept. 1, 2015) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce that it has acquired Halvorson and Partners ("H+P"), a 40-person Chicago-based firm that provides structural engineering services for developers, private owners, and institutions worldwide.

    H+P has completed structural designs for high-profile, award-winning projects throughout the U.S., as well as internationally through an office in Shanghai and a strong presence in the Middle East. Its portfolio includes the Burj Mohammed Bin Rashid Tower in Abu Dhabi, which won the "2015 Best Tall Building Award" for the Middle East and Africa from the Council on Tall Buildings and Urban Habitat. Other prominent projects include: OneEleven, a 60-story luxury apartment tower in Chicago which recently won a "Best Project Award" from the Structural Engineers Association of Illinois; Wolf Point West Tower, the first tower in a multi-phase US$1 billion development along the Chicago River in Chicago; and Vantone Tower, a 600-foot-tall corporate headquarters in Tianjin, China.

    "We are pleased with this acquisition, which is an integral part of our U.S. buildings' strategy. H+P is a world class structural firm that shares our culture of deeply caring about the success of our clients and staff" commented David Cooper, president of WSP / Parsons Brinckerhoff's U.S. buildings practice and the region's chief commercial officer. "This acquisition not only enhances our building structures practice with additional expertise, it also gives us a platform upon which to build a fully integrated buildings engineering practice in the great city of Chicago, the birthplace of the steel frame skyscraper."

    "We are excited to be joining forces with WSP / Parsons Brinckerhoff, a global organization that shares a core philosophy of partnering with clients to provide the highest level of quality services," explained Robert Halvorson, H+P's founder and Principal. "As a part of one of the world's leading engineering organizations, we are better able to collaborate with our architect partners and to serve our clients wherever they are pursuing projects. It also enables us to offer more of a one-stop approach for structural engineering and the comprehensive high performance building services that are critical to the success of today's technologically advanced building projects."

    ABOUT HALVORSON AND PARTNERS

    Formed in 1996, H+P is an industry-leading structural engineering firm, sought by architects and clients world-wide for projects requiring the highest level of structural engineering expertise and collaboration. With extensive experience engineering a range of structures, H+P specializes in those requiring a unique vision - such as high-rise buildings, long span structures and projects with particularly challenging conditions.

    SALE OF LINK ARKITEKTUR

    WSP also announced that it has entered into an agreement for the sale of all of its shares in Link Arkitektur AS ("Link Arkitektur") to Multiconsult AS. The sale of these shares which represent approximately 27.9% of the issued and outstanding shares of Link Arkitektur is expected to generate total gross proceeds to WSP of approximately $5 million. The closing of the sale is expected to occur in September 2015.

    ABOUT WSP

    WSP, through its acquisition of Parsons Brinckerhoff, is one of the world's leading professional services firms in its industry, working with governments, businesses, architects and planners and providing integrated solutions across many disciplines. The firm provides services to transform the built environment and restore the natural environment, and its expertise ranges from environmental remediation to urban planning, from engineering iconic buildings to designing sustainable transport networks, and from developing the energy sources of the future to enabling new ways of extracting essential resources. It has approximately 32,000 employees, including engineers, technicians, scientists, architects, planners, surveyors and environmental specialists, as well as other design, program and construction management professionals, based in approximately 500 offices, across 40 countries, on 5 continents. www.wspgroup.com

    WSP
    David Cooper, PE, LEED AP BD+C
    President, Buildings USA
    USA Chief Commercial Officer
    212-951-3928
    david.cooper@wspgroup.com

    Isabelle Adjahi
    Vice President, Investor Relations and
    Corporate Communications
    514-340-0046, ext. 5648
    isabelle.adjahi@wspgroup.com

    HALVORSON AND PARTNERS
    Robert Halvorson, SE, PE, FIStructE
    Principal
    (312) 274-2402
    rhalvorson@halvorsonandpartners.com