WSP | PB acquires Mouchel Consulting for $91mn
WSP | Parsons Brinckerhoff has agreed to purchase UK-based Mouchel Consulting from Kier Group for approximately GBP 75mn ($91.4mn).
Mouchel Consulting has approximately 2,000 employees, mostly located in offices across the UK and Ireland, as well as a presence in the Middle East.
The firm is recognised for its broad expertise in the public transportation and infrastructure sectors, particularly in highways and Intelligent Transportation Systems (ITS). Mouchel also has an expertise in the land referencing and regulated water market segments.
Our combined expertise across the public and private sectors will enhance our design capabilities, providing greater depth and diversity in related skill sets. This will position us as trusted advisors, enabling us to deliver our clients’ projects across the whole life cycle of their projects,” said Mark Naysmith, Managing Director for WSP in the UK.
“We are pleased about the prospect of joining WSP, as our cultures are aligned and our operations are complementary, which should create new opportunities for our employees and clients,” said Miles Barnard, Managing Director of Mouchel Consulting.
The acquisition fits with WSP | Parsons Brinckerhoffs 2015-2018 growth strategy. We aim to become a top-tier player in each of the regions and sectors where we operate, while strengthening our presence in industrialised countries and our activities in non-cyclical sectors, added Alexandre L’Heureux, President and Chief Executive Officer of WSP.