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Mon April 12 2021

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WSP buys in USA and sells in Norway

2 Sep 15 WSP has bought Chicago-based structural engineer Halvorson & Partners (H+P) and is to sell all of its shares in Norway’s Link Arkitektur.

H+P, which employs 40 people, has completed structural designs for high-profile projects throughout the USA as well as internationally through an office in Shanghai and a presence in the Middle East. Its portfolio includes the Burj Mohammed Bin Rashid Tower in Abu Dhabi and OneEleven, a 60-storey apartment tower in Chicago.

"We are pleased with this acquisition, which is an integral part of our U.S. buildings' strategy. H+P is a world class structural firm that shares our culture of deeply caring about the success of our clients and staff,” said David Cooper, president of WSP/Parsons Brinckerhoff's US buildings practice and the region's chief commercial officer. "This acquisition not only enhances our building structures practice with additional expertise, it also gives us a platform upon which to build a fully integrated buildings engineering practice in the great city of Chicago, the birthplace of the steel frame skyscraper.”

WSP has also announced that it has entered into an agreement for the sale of all of its shares in Link Arkitektur AS to Multiconsult AS. The sale of these shares, which represent approximately 27.9% of the issued and outstanding shares of Link Arkitektur. The closing of the sale is expected to occur in this month.

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MPU

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