WSP Global
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Public company | |
Traded as | TSX: WSP |
Industry | Construction management, engineering consulting |
Predecessor |
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Founded | 1959 |
Headquarters | Montréal, Canada |
Key people | Pierre Shoiry, (President and Chief Executive Officer) |
Revenue | $2,902.4 million (2014)[1] |
$134.2 million(2014)[2] | |
$87.2 million (2013) | |
Number of employees | 32,000 (2014)[3] |
Website |
www |
WSP Global Inc. is a Canadian-based business providing management and consultancy services to the built and natural environment. It is listed on the Toronto Stock Exchange.
History
Engineering Services firms, G.B.G.M. Ltd and Les Consultants Dupuis, Côté Inc., began operating in Quebec City in 1959. After acquiring three firms and geographical expansion in 1993, the name was changed to GENIVAR.[4]
In 1969 in England, WSP was established by Chris Cole and three other partners trading as the William Sale Partnership.[5] In 1976, it was a founder member of the Building Services Research and Information Association (BSRIA). It was first listed on the London Stock Exchange in 1987.[5]
On 7 June 2012, Genivar Inc. announced that it made a friendly takeover cash offer of £278 million (C$442 million) for WSP Group plc, headquartered in London. The offer was backed by WSP's board of directors as well as investors holding 37% of the company's shares and the take over was completed on 1 August 2012.[6][7][8] This merger created a professional services firm with approximately 15,000 employees, working in over 300 offices worldwide.[9]
The company reorganised its corporate structure on 1 January 2014 to create a parent company named WSP Global Inc. and adopted the common brand of WSP.
On 31 October 2014, WSP Global announced that it had completed the purchase of New York-headquartered professional services firm Parsons Brinckerhoff from Balfour Beatty plc for USD$1.24 billion.[10] The company has a network of approximately 170 offices and nearly 13,500 employees on five continents.[11] The purchase of Parsons Brinckerhoff was completed on October 31, 2014 and the firm became a wholly owned independent subsidiary,[12] together WSP | Parsons Brinckerhoff are one the largest professional services firms in the world with approximately 31,500 employees in 500 offices serving 39 countries. They have also recently Merged with CCRD partners, an engineering firm responsible for Large hospital projects like the new Parkland Hospital in downtown Dallas. [13]
Operations
The company is organised into the following main service areas: Buildings, Energy, Environment, Industry, Mining, and Transport and Infrastructure.[14]
Notable projects
Notable projects in progress
- Berlin-Brandenburg International Airport: WSP CBP is providing project management services.
- Bond Street station for Crossrail: WSP is providing all professional design services for the station entrances.
- Citi Field in Flushing, New York
- The City Line in Sweden: WSP is providing project management services.
- City of Arabia in Dubai.
- Masdar City in Abu Dhabi: WSP is providing environmental services[15]
- MGM MIRAGE CityCenter in Las Vegas, Nevada
Notable completed projects
- One World Trade Center in New York, NY.[16]
- The Shard in London, UK.
- 1585 Broadway in New York, NY.
- 277 Park Avenue in New York, NY.
- 30 The Bond in Sydney, Australia.
- 383 Madison Avenue in New York, NY.
- 60 Wall Street in New York, NY.
- 7 World Trade Center in New York, NY.
- Arthur Ashe Stadium in Flushing, NY.
- 8 Spruce Street in New York, NY.
- Beetham Tower, Manchester, the tallest building in Britain outside London.
- Binh Bridge, Vietnam, opened in May 2005.
- The Biogas-to-Energy project at the PetroSA refinery in Mossel Bay, South Africa.
- Birmingham Bullring in Birmingham, UK.
- Canning Town station in London, UK.
- Condé Nast Building in New York, NY.
- Council House 2 in Melbourne, Australia.
- City Central Development in Adelaide, Australia.
- Farnborough Business Park, UK.
- Gotha Tunnel in Gothenburg, Sweden.
- Hearst Tower (New York City), the city's first Gold LEED (Leadership in Energy and Environmental Design) certified building.
- Hungerford Bridge crosses the river Thames in London.
- 885 3rd Avenue (The Lipstick Building) in New York, NY.
- Mellon Bank Center in Philadelphia, PA.
- The New York Times Building in New York, NY.
- The Orion in New York, NY.
- Petronas Twin Towers in Kuala Lumpur, Malaysia: WSP provided MEP services[17]
- Royal Bank of Scotland Headquarters in Edinburgh, UK.
- Royal Shakespeare Company’s Courtyard Theatre in London, UK.
- Southern Cross Station, in Melbourne Australia.
- Suvarnabhumi Airport in Bangkok, Thailand.
- Time Warner Center in New York, NY.
- Torre Mayor in Mexico City, Mexico.
- Trump International Hotel & Tower in New York, NY.
- Trump Tower in New York, NY.
- Trump World Tower in New York, NY.
References
- ↑ http://www.marketwired.com/press-release/wsp-reports-solid-q4-and-fiscal-2014-results-tsx-wsp-2001485.htm
- ↑ http://www.marketwired.com/press-release/wsp-reports-solid-q4-and-fiscal-2014-results-tsx-wsp-2001485.htm
- ↑ "Quick Facts". WSP Group. Retrieved 24 September 2014.
- ↑ "History". WSP. Retrieved 10 April 2014.
- ↑ 5.0 5.1 "Building Magazine, The Long Haul". Retrieved 3 April 2008.
- ↑ Van Praet, Nicolas (2012-06-07). "Genivar bids for WSP Group as Quebec firms continue Europe takeover binge". Financial Post. Retrieved 9 June 2012.
- ↑ "Genivar's $442 million WSP Group PLC takeover, no job cuts". The Gazette. 2012-06-08. Retrieved 9 June 2012.
- ↑ "GENIVAR and WSP Group join forces to become a global professional services firm with world-class expertise". GENIVAR Inc. (GNV). TMX Group. 2012-06-07. Retrieved 9 June 2012.
- ↑ "GENIVAR Inc Completes Acquisition Of WSP Group PLC". Reuters. Retrieved 1 August 2012.
- ↑ http://online.wsj.com/articles/balfour-beatty-to-sell-parsons-brinckerhoff-to-wsp-global-1409778904
- ↑ http://www.wspgroup.com/en/WSP-UK/Who-we-are/Newsroom/News-releases1/20141/WSP-to-Acquire-Parsons-Brinckerhoff-a-Leading-Global-Professional-Services-Firm-With-a-Deep-Expertise-in-Infrastructure-/. Retrieved 23 September 2014. Missing or empty
|title=
(help) - ↑ Press release WSP Global
- ↑ News WSP Global
- ↑ "WSP Services". Retrieved 24 September 2014.
- ↑ "The Masdar Initiative". Retrieved 2008-04-03.
- ↑ https://oneworldobservatory.com/
- ↑ "KLCC - Petronas Towers". Retrieved 2011-09-25.
- General
Design Management of Buildings
External links
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