The acquisition signals Parson’s intent to expand its geographic footprint in transportation, one of the corporation’s four key market areas.
“In addition to increasing our presence in Canada and other key strategic geographies in the world, the acquisition of Delcan continues the progression of our corporate objectives through the expansion of our transportation and infrastructure business lines and our suite of technology offerings,” said Chuck Harrington, Parsons chairman and CEO.
Over its 60-year history, Delcan has been providing transportation services within the rail and transit, road and highway, structures, water, freight, and intelligent transportation systems (ITS) markets.
Delcan had revenues of approximately US$126m in 2013. It has 800 employees working from more than 25 locations across the globe, including the USA, the Middle East, and Hong Kong. Customers include all levels of government, regional network and transit operators, port authorities and freight and logistics companies.