WSP to Acquire U.K. Engineering Firm Ricardo for $670M
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WSP Global has announced its acquisition of Ricardo, a UK-based engineering and strategic consultancy firm, for approximately $670 million. This acquisition aims to bolster WSP’s presence in global markets, particularly in the UK, Australia, and the Netherlands, and aligns with its strategic growth plans. Ricardo operates in 21 countries with a workforce of 2,700, covering industries such as rail, energy, and environmental policy. The deal is expected to finalize by the fourth quarter of 2025, pending necessary approvals.