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WSP to purchase guide RPS Group for £591m

The transfer will see WSP’s world workforce of 57,500 boosted by Oxfordshire headquartered RPS’s 5,000 employees.

RPS employs consultants, designers, planners, engineers, and technical specialists internationally offering specialist companies to authorities and personal sector purchasers with a give attention to front-end consulting.

Ken Lever, Chairman of RPS, stated: “The RPS Administrators imagine that RPS has a transparent technique and is strongly positioned for the longer term, underpinned by beneficial developments in its finish markets and the advantages which can be beginning to stream from investments in RPS’ expertise programme, model, advertising technique and expertise initiatives.

“Nevertheless, it is a compelling provide from WSP which totally values the enterprise and its future prospects.

“It represents a extremely engaging premium to latest buying and selling ranges and gives sure worth in money immediately for RPS Shareholders.

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“The RPS Administrators additionally imagine that the acquisition will present profession alternatives for our workers throughout the enlarged WSP Group in addition to entry to a complete and expanded service providing for our purchasers.”

Alexandre J. L’Heureux, President and CEO of WSP International, stated: “Combining the capabilities of the RPS Group and the WSP Group is strategically compelling and can permit us to leverage our collective know-how and supply a broader vary of complementary companies to our purchasers whereas constructing a world-class ESG advisory enterprise.

“We’re trying ahead to welcoming the RPS Group’s proficient workers and imagine they may profit from the expanded profession and growth alternatives this acquisition will carry the workers of each companies.”

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