WSP Concludes an Agreement to Acquire TPS, a French Company Specializing in Building and Infrastructure Engineering

WSP Concludes an Agreement to Acquire TPS, a French Company Specializing in 
Building and Infrastructure Engineering 
FOR: WSP Global Inc. 
APRIL 7, 2014 
WSP Concludes an Agreement to Acquire TPS, a French Company Specializing in
Building and Infrastructure Engineering 
MONTREAL, QUEBEC--(Marketwired - April 7, 2014) - WSP Global Inc. (TSX:WSP)
("WSP" or the "Company") is pleased to announce the signing
of an agreement under which it will acquire Technip TPS S.A.S.
("TPS"), the French subsidiary of Technip S.A. ("Technip").
The acquisition of TPS, which specializes in building and infrastructure
engineering, will add 100 employees to WSP's existing workforce in France.
In 2013, TPS posted EUR20 million in revenues (approximately CDN$30 million). 
The acquisition, which remains subject to certain usual closing conditions, is
scheduled to take effect on or around April 30, 2014. Following the closing of
the transaction, Eric Falleur, currently President of TPS, will continue to
head the operations of this subsidiary in France. As a result of the
transaction, WSP will have 150 employees in France, based in Paris, Lyon,
Toulouse and Grenoble, since the Company already has a team of 50 people
working in the infrastructure, hydraulics, environmental and building segments. 
"We are very pleased to welcome the TPS team, whose profile meshes
perfectly with our growth strategy, not only by boosting our presence in France
but also by enhancing our expertise in the industrial and building sectors
worldwide. TPS has solid skills when it comes to designing and carrying out
major initiatives and has worked on projects such as the national library in
Paris (Bibliotheque de France) and Airbus's A380 assembly plant in
Toulouse," said Pierre Shoiry, President and CEO of WSP. "TPS's
international reputation, particularly in the aeronautics and health sectors in
Middle East and Asia, will enable us to pursue our growth strategy and to
maximize WSP's worldwide network for our French clientele," he added. 
"We are proud to be joining WSP. This transaction will contribute to the
achievement of TPS's strategic goals and offers a solid foundation for
continued growth in France and around the world. Since our operations are
complementary, this will create new opportunities for our employees and our
clients," said Eric Falleur, President of TPS. "Thanks to this
transaction, we will be able to play an active role in the development and
growth of WSP's multi-disciplinary group in France and to offer a wide
range of additional services to our clients around the world." 
Founded in 1989, TPS was created by Technip, a European engineering leader, in
order to provide its clients with high-quality engineering services in the
building and infrastructure sector. Headquartered in Paris and with offices in
Lyons, Toulouse and Abu Dhabi, TPS has the skills needed to design and deliver
excellence in both the public and private sectors. It has overseen major
projects such as the Bibliotheque de France, Renault's Technocentre and
Airbus's A380 assembly plant. 
WSP is one of the world's leading professional services firms, working
with governments, businesses, architects and planners and providing integrated
solutions across many disciplines. The firm provides services to transform the
built environment and restore the natural environment, and its expertise ranges
from environmental remediation to urban planning, from engineering iconic
buildings to designing sustainable transport networks, and from developing the
energy sources of the future to enabling new ways of extracting essential
resources. It has approximately 15,000 employees, mainly engineers,
technicians, scientists, architects, planners, surveyors, other design
professionals, as well as various environmental experts, based in more than 300
offices, across 30 countries, on 5 continents.  
WSP Global Inc.
Pierre Shoiry
President and CEO
(514) 340-0046, ext. 5104
WSP Global Inc.
Isabelle Adjahi
Director, Communications and Investor Relations
(514) 340-0046, ext. 5648
Technip TPS
Eric Falleur
(33) 14408-5400 
INDUSTRY:  Professional Services - Consulting, Professional Services -
-0- Apr/07/2014 12:30 GMT
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