WSP Global to acquire GCM Corpo for C$600M in energy push
Montreal - WSP Global Inc., a Canadian engineering consulting firm listed on the Toronto Stock Exchange, has announced plans to acquire GCM Corpo Inc., another Canadian engineering consulting firm specializing in energy and industrial sectors. The acquisition is valued at C$600 million and will bolster WSP's engineering consulting business in Canada by adding expertise in process engineering, digitalization, operational technology cybersecurity, construction management, procurement, detailed engineering, and environmental services.
GCM Corpo employs around 600 professionals across Quebec, Western Canada, and Atlantic Canada and serves clients in various sectors through six subsidiary companies. The deal, which has received conditional approval from the Toronto Stock Exchange, requires regulatory approval and is expected to close in the fourth quarter of 2026.
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- WSP to acquire GCM Corpo, expanding its energy platform in Canada financialpost.com
