WSP confirms merger
WSP Group and Genivar have increasing their presence with 300 offices on every continent and approximately 14,500 staff.
With combined revenues of £1.1bn, the merger will allow the companies to diversify services across several geographic market segments, in the public and private sector.
The expertise of both companies will be leveraged to drive cross-selling opportunities, building on WSP’s position in infrastructure and Genivar’s mining and energy experience.
Chris Cole, chairman of the combined entity and former WSP CEO said: "WSP and Genivar are stronger together and the combination results in a company with an extremely wide array of expertise, enabling us to pursue our joint growth strategy".
Until operational and financial integration is completed, both firms will operate under their respective brand.