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WSP announced in June that it had agreed a deal to take over London Stock Exchange listed Ricardo. The transaction has now completed.

Ricardo began in 1915 designing engines. Today it has approximately 2,700 employees in more than 20 countries working on automotive, environmental and engineering consulting.

WSP, which already had 72,600 staff in more than 50 countries, said in June that it was particularly interested in Ricardo’s environmental and energy businesses, which have limited overlap with WSP current offering.

Ricardo chief executive Graham Ritchie said: “Today marks a significant milestone for Ricardo as we proudly join WSP. WSP’s belief in our strategy and support for our continued journey reflects the strength of what we have built over the past few years since we launched our strategy focused on sustainable growth in key markets. Ricardo and WSP share values and a purpose-led culture, so this acquisition accelerates our ability to deliver a broader, more impactful offering to our clients. It also opens up exciting new opportunities for our talented teams-opportunities that would not have been possible without this partnership. We are committed to supporting WSP’s dynamic strategic vision and look forward to shaping the future together.”

WSP president and chief executive Alexandre L’Heureux said: “We are pleased to bring Ricardo into WSP and welcome new colleagues across the globe. The team’s deep, differentiated expertise in areas that are increasingly critical to our clients, such as air quality, water management, energy resilience, policy strategy, and rail, enhances our offering and accelerates momentum toward our strategic ambitions in high-growth sectors and markets,” expressed. “We will now focus on integrating our teams and building on our combined strengths. Our complementary capabilities and shared passion for technical excellence position us to drive greater innovation and deliver added value as we support our clients through complex transitions.”

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