Read more about the announcement here and in the press release. The content in this section is supplied by Globe Newswire for the purposes of distributing press releases on behalf of its clients. The acquisition, which is aligned with our 2019-2021 Global Strategic Plan, ideally positions WSP’s strategic Environment platform to capitalize on Environmental, Social & Governance (“ESG”) trends. Press Releases Events and Webinars Contact us Send a Message Offices Click to close search. Strategic Environment platform uniquely positioned to capitalize on ESG trends and the related US$1.25 trillion Environmental market ( 1). WSP has entered into an agreement to acquire Golder Associates, a global engineering and consulting firm with over 60 years of experience in providing earth science and environmental services. Press releases. If the closing of the Acquisition does not occur on or prior to 5:00 p.m. (Montreal Time) on May 31, 2021 (as such date may be extended pursuant to the Arrangement Agreement), the Arrangement Agreement is terminated in accordance with its terms prior to such time for any reason or WSP announces to the public that it does not intend to proceed with the Acquisition, the holders of Subscription Receipts will be entitled to have the full purchase price of the Subscription Receipts returned, plus their pro rata share of the interest earned on the escrowed funds during the term of the escrow, less applicable withholding taxes. Combining Golder’s industry-leading expertise with WSP’s impressive world-class platform and highly complementary services will provide long-term benefits for our people and help create greater value for our clients. With Future Ready we see the future more clearly and challenge our teams across the world to advise…. For additional information on this cautionary note regarding forward-looking statements as well as a description of the relevant assumptions and risk factors likely to affect WSP's actual or projected results, reference is made to the MD&As, which are available on SEDAR at www.sedar.com. Golder is Now Part of WSP. The … Press releases. Share on Twitter - Warning, this link will open a new tab. Golder shareholders representing approximately 95.1% of the votes entitled to be cast at the Special Meeting voted, either in person or by proxy. We are committed to delivering sustainable value to our shareholders and exceptional professional services to our clients. This view is echoed and confirmed by the overwhelming support of our Partners for the transaction. Golder is now part of WSP. “WSP looks forward to welcoming Golder’s employees and joining forces with such a well-respected environmental consulting brand. WSP Global, Golder Associates. Helping clients globally to prepare, respond and recover. WSP to Acquire Golder Creating the Leading Global Environmental Consulting Firm. For more information about BCI, please visit www.bci.ca. December 3, 2020 News n Releases Press Release WSP Global signs arrangement for $1.14 billion acquisition of Golder A. MISSISSAUGA: Golder Associates Corporation's parent company, Enterra Holdings Ltd. has entered into a... See more » December 3, 2020 CompanyNews HQ News WSP To Acquire Golder, Creating The Leading Global Environmental Consulting Firm. Share on Linkedin - Warning, this link will open a new tab. April 8, 2021. Upon completion of the Acquisition, the escrowed funds and the interest earned thereon will be released to WSP, and each of GIC and BCI will receive, from or on behalf of WSP on the closing of the Acquisition, without payment of additional consideration or further action, one common share of WSP (a “Common Share”) for each Subscription Receipt held, plus an amount per Common Share equal to any dividend payable by WSP on the Common Shares between the date of issuance of the Subscription Receipts and the closing of the Acquisition. Golder and WSP have identified several jurisdictions where competition or foreign investment merger control filings will be required or are … Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide. Combined, they will number over 14,000 environmental experts globally “dedicated to accelerating the world’s green transition.” According to Golder’s outgoing Global President and CEO: Share on Twitter - Warning, this link will open a new tab. Golder is a global leader in earth sciences and environmental services. Join a collaborative team of experts that thrives on complex challenges and unconventional thinking. You are about to leave WSP.com and are being redirected to a job opportunity at Louis Berger, which has been recently acquired by WSP in the US. We are pleased to announce that WSP has entered into an agreement to acquire Golder Associates, a leading global engineering and consulting firm with over 60 years of experience in providing earth science and environmental services. With the spread of the COVID-19 pandemic, our global healthcare network and specialist teams have…. Stay up to date with our latest global news, events, awards and more. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements, including risks and uncertainties relating to the following: the possible failure to realize anticipated benefits of the Acquisition, the integration of Golder's business, the loss of certain key personnel of Golder, the possible failure to achieve the anticipated synergies, the failure to close the Acquisition or change in the terms of the Acquisition, failure to obtain Court approval, failure to obtain the regulatory approvals in a timely manner, or at all, increased indebtedness, transitional risk, the fact that WSP does not currently own Golder, potential undisclosed costs or liabilities associated with the Acquisition, the absence of a financing condition in the Arrangement Agreement, the reliance on information provided by Golder, change of control and other similar provisions and fees, the nature of acquisitions, the exchange rate on the closing date of the Acquisition, the fact that the combined firm will continue to face the same risks that the Corporation currently faces, potential litigation and other factors discussed or referred to in the “Risk Factors” section of WSP's Management's Discussion and Analysis for the year ended December 31, 2019, and WSP's Management's Discussion and Analysis for the third quarter and nine-month period ended September 26, 2020 (together, the “MD&As”), which are available under WSP's profile on SEDAR at www.sedar.com. For more information about GIC, please visit www.gic.com.sg. About Golder. Although the Corporation believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements since no assurance can be given that they will prove to be correct. MISSISSAUGA: Golder Associates Corporation’s parent company, Enterra Holdings Ltd. has entered into a definitive agreement with a wholly-owned subsidiary of WSP Global Inc., pursuant to which WSP will acquire Golder by way of a plan of arrangement under the Companies Act (Nova Scotia) for aggregate consideration of $1.14 Billion (USD). Renowned for technical excellence, Golder … We are pleased to announce Golder has joined WSP. Our talented people are well positioned to deliver successful and sustainable projects, wherever clients need us. The roughly 7,000 Golder employees worldwide join WSP’s 54,000 employees. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Alain MichaudChief Financial OfficerWSP Global Inc.[email protected] Phone: 438-843-7317. Copies of related documents, such as the subscription agreements, the subscription receipt agreements and the Arrangement Agreement regarding the Acquisition are available under WSP's profile on SEDAR at www.sedar.com, and on WSP's website at www.wsp.com. Based in Victoria, British Columbia, BCI is a long-term investor that invests across a range of asset classes: fixed income; public equities; private equity; infrastructure; renewable resources; real estate; and commercial mortgages. Helping clients globally to prepare, respond and recover. Driving optimal outcomes for projects and communities. Share on Skype - Warning, this link will open your Skype application. Golder and WSP have identified several jurisdictions where competition or foreign investment merger control filings will be required or are advisable. WSP's global experts include engineers, advisors, technicians, scientists, architects, planners, environmental specialists and surveyors, in addition to other design, program and construction management professionals. With an intimate sense of local realities, we look at complex problems from different angles and deliver solutions that break paradigms. This press release contains information or statements that are or may be “forward-looking statements” within the meaning of applicable Canadian securities laws. Golder is now part of WSP. I believe that the compatible cultures and values of WSP and Golder will facilitate a successful integration.”. Care to join us in doing purposeful, sustainable work that helps shape communities and the future?…. We are committed to delivering sustainable value to our shareholders and exceptional professional services to our clients. The Acquisition is expected to be completed in the first half of the second quarter of 2021. Golder Announces Entering into Arrangement Agreement with WSP Global Inc. December 3, 2020. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION UNDER THE US SECURITIES ACT OF 1933 (THE “SECURITIES ACT”) OR AN EXEMPTION FROM REGISTRATION THEREUNDER. The combination ideally positions WSP to capitalize on the rapidly growing ESG trends driving demand for environmental services and sustainable infrastructure development”, commented Alexandre L’Heureux, President and Chief Executive Officer of WSP. For more information about WSP, please visit www.wsp.com. Acting locally means being present in our communities. Golder operates in 155 offices with approximately 7,000 employees across more than 30 countries globally. We are pleased to announce the acquisition of Golder, a global consulting firm with over 60 years of experience in providing earth sciences and environmental consulting services. We are pleased to announce that WSP has entered into an agreement to acquire Golder Associates, a leading global engineering and consulting firm with over 60 years of experience in providing earth science and environmental services. With eight offices throughout the Middle East,…. WSP will use the proceeds of the Private Placements, together with funds to be obtained from previously announced new credit facilities, to fund a portion of the purchase price and related transaction costs payable in connection with the Acquisition. The acquisition, which is aligned with WSP’s 2019-2021 Global Strategic Plan, positions WSP’s strategic environment platform to capitalize on environmental, social & … Furthermore, the strategic relationships with GIC and BCI mark another important milestone for WSP to actively continue our acquisition strategy”, he added. MONTREAL, April 07, 2021 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of Enterra Holdings Ltd., the holding company of Golder Associates ("Golder"), through a plan of arrangement pursuant to the Companies Act (Nova Scotia) (the "Acquisition"). With the spread of the COVID-19 pandemic, our global healthcare network and specialist teams have…. MONTREAL, April 07, 2021 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of Enterra Holdings Ltd., the holding company of Golder Associates ("Golder"), through a plan of arrangement pursuant to the Companies Act (Nova Scotia) (the … WSP is also pleased to announce that it has closed today its previously announced private placement subscription receipt financings. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events … GIC has investments in over 40 countries and has been investing in emerging markets for more than two decades. With an intimate sense of local realities, we look at complex problems from different angles and deliver solutions that break paradigms. news Progress happens quickly. Golder provides engineering, remediation, regulatory & compliance, design and environmental services to clients in the mining, manufacturing, oil & gas, power and infrastructure industries. BCI's clients include public sector pension plans, insurance, and special purpose funds. The Acquisition remains subject to certain customary closing conditions, including receipt of Court approval and applicable regulatory approvals. Forward-looking statements in this news release include, without limitation, those information and statements related to the Acquisition, the Private Placements, the underwritten bank financing, the use of proceeds of the Private Placements and the underwritten bank financing, the expected timing of completion and benefits of the Acquisition and the conditions precedent to the closing of the Acquisition. We are locally dedicated with international scale. GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. MISSISSAUGA, Ontario, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Golder Associates Corporation’s parent company, Enterra Holdings Ltd. (“ Golder ” or the “ Company ”) announces that it has entered into a definitive agreement (the “ Arrangement Agreement ”) with a wholly-owned subsidiary of WSP Global Inc. (“ WSP ”), pursuant to which WSP will acquire Golder (the “ … Share on Facebook - Warning, this link will open a new tab. Click to open search Close Search Terms Search. The making of such filings and receipt of the requisite approvals, or the expiry or termination of the applicable waiting periods, is a condition to closing the Transaction. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. This acquisition directly contributes to the realization of the goals we laid out in our 2019-2021 Global Strategic Plan and is expected to contribute to both strategic growth and value creation for many years to come. Golder … Also commenting on the Acquisition, Dr. Hisham Mahmoud, Global President and Chief Executive Officer of Golder said, “Over the last 60 years, Golder has been on a journey where we have built one of the most successful and respected brands in the industry. The forward-looking statements contained in this press release are expressly qualified by these cautionary statements. Contact us to find out how our diversified offering, world-class expertise and geographical reach can assist you in achieving your vision. Discover our people, purpose and stories that have helped shape the organization we are today and are inspiring the one we will become. Contact us to find out how our diversified offering, world-class expertise and geographical reach can assist you in achieving your vision. You are about to leave WSP.com and are being redirected to a job opportunity at Louis Berger, which has been recently acquired by WSP in the US. Share this page Share on Facebook - Warning, this link will … Golder provides engineering, remediation, regulatory & compliance, design and environmental services to clients in the mining, manufacturing, oil & gas, power and infrastructure industries. Monday, December 7, 2020. Governance Ethics and Compensation Committee. Breadcrumb Trail Links. The foregoing list is not exhaustive and other unknown or unpredictable factors could also have a material adverse effect on the performance or results of WSP or Golder. April 7, 2021. Share on Linkedin - Warning, this link will open a new tab. Montreal-based WSP Global announced it will buy Ontario, Canada-based environmental consulting specialist Golder … The making of such filings and receipt of the requisite approvals, or the expiry or termination of the applicable waiting periods, is a condition to closing the Transaction. Stay on top of the latest developments at home and around the world. WSP Announces Approval by Golder Shareholders of the Acquisition by WSP and the Closing of $310 Million Private Placements of Subscription Receipts. Renowned for technical excellence, Golder … This year again, the Corporation will be holding its Meeting as a completely virtual meeting, which…. Search gave {{COUNT}} results. Filter By Contact Us Share Close. MONTREAL, Jan. 14, 2021 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX:WSP) (“WSP” or the “Corporation”) is pleased to announce that at the special meeting (the “Special Meeting”) of the shareholders of Enterra Holdings Ltd., the holding company of Golder Associates (“Golder”), held on January 13, 2021, the plan of arrangement under Section 130 of the Companies Act (Nova Scotia) provided in the arrangement agreement dated December 2, 2020 (the “Arrangement Agreement”) pursuant to which the previously announced acquisition (the “Acquisition”) of all of the issued and outstanding shares of Golder is expected to be completed, was approved by approximately 99.3% of the votes cast by Golder shareholders, voting as a single class at the Special Meeting. As one of the world's leading professional services firms, WSP provides engineering and design services to clients in the Transportation & Infrastructure, Property & Buildings, Environment, Power & Energy, Resources and Industry sectors, as well as offering strategic advisory services. Care to join us in doing purposeful, sustainable work that helps shape communities and the future?…. Golder is required to advise WSP of any Acquisition Proposal that it receives prior to the Meeting and provide WSP with copies of the relevant documentation. Join a collaborative team of experts that thrives on complex challenges and unconventional thinking. Discover our people, purpose and stories that have helped shape the organization we are today and are inspiring the one we will become. About Golder. Share on Facebook - Warning, this link will open a new tab. Read inspiring articles that challenge the status quo by reframing current issues, sparking fresh conversations and finding new solutions. Golder announced on April 7, 2021, that it has officially joined WSP! WSP To Acquire Golder, Creating The Leading Global Environmental Consulting Firm. THIS NEWS RELEASE IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES AND IS NOT AN OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OF WSP, NOR SHALL IT FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH ANY CONTRACT FOR PURCHASE OR SUBSCRIPTION. Share on Skype - Warning, this link will open your Skype application. Golder is a global leader in earth sciences and environmental services. We are locally dedicated with international scale. Golder and WSP have identified several jurisdictions where competition or foreign investment merger control filings will be required or are advisable. In … Driving optimal outcomes for projects and communities. The acquisition is expected to be completed in the first half of the second quarter of 2021. Stay up to date with our latest global news, events, awards and more. The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events or otherwise. This year again, the Corporation will be holding its Meeting as a completely virtual meeting, which…. Ltd. (“GIC”) and British Columbia Investment Management Corporation (“BCI”), for aggregate gross proceeds of approximately C$310 million (the “Private Placements”). NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA. THESE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION THEREFROM. The gross proceeds from the Private Placements will be held in escrow pending the completion of the Acquisition. Read inspiring articles that challenge the status quo by reframing current issues, sparking fresh conversations and finding new solutions. Golder operates in 155 offices with approximately 7,000 employees across more than 30 countries globally. This acquisition directly contributes to the realization of the goals we laid out in our 2019-2021 Global Strategic Plan and is expected to contribute to both strategic … “WSP looks forward to welcoming Golder’s employees and joining forces with such a well-respected environmental consulting brand. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. MONTREAL, April 07, 2021 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of Enterra Holdings Ltd., the holding company of Golder Associates (“Golder”), through a plan of arrangement pursuant to the Companies Act (Nova Scotia) (the … Founded in 1960 and headquartered in Mississauga, Ontario, Golder is a private, employee-owned engineering and consulting firm with 60 years of experience in the geo-sciences sector; an engineering niche focused on earth and environmental conditions. “Together we will create the leading global environmental consulting firm with approximately 14,000 of our 54,000 professionals dedicated to accelerating the world’s green transition. Postmedia has not reviewed the content. PMN Press Releases; GlobeNewswire Releases; WSP Announces Approval by Golder Shareholders of the Acquisition by WSP and the Closing of $310 Million … Governance Ethics and Compensation Committee. With C$171.3 billion of assets under management as of March 31, 2020, British Columbia Investment Management Corporation (BCI) is one of Canada's largest institutional investors. The Corporation issued an aggregate of 3,333,898 subscription receipts (the “Subscription Receipts”) from treasury at a price of C$92.98 per Subscription Receipt by way of a private placement to each of GIC Pte. The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events … The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events …
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