ENGINEERING and design firm Stantec, Canada, has completed its acquisition of Australia-based transport planning and engineering firm GTA Consultants.
The acquisition follows the signing of an agreement between the two companies on February 16. The financial terms of the deal were not disclosed, but the acquisition includes GTA’s team of more than 135 technical staff distributed across offices in Melbourne, Sydney, Brisbane, Adelaide and Perth.
“GTA adds immediate depth to our existing transportation service offerings in Australia and New Zealand, enhancing our transportation planning, advisory planning, and design capabilities in regions with significant infrastructure investment underway,” says Mr Gord Johnston, president and CEO of Stantec.
The purchase of GTA also provides Stantec with access to the company’s extensive portfolio of clients. GTA has previously worked on a range of projects, including the development of 12.7km Sydney CBD and South East Light Rail.
“Joining Stantec will enable us to better serve our clients, providing us access to the deeper and broader capabilities of a truly global firm,” says Mr Michael Durkin, managing director of GTA. “Stantec shares our commitment to strong growth, offers access to specialists across the globe, and aligns with our vision to make a tangible difference in our communities.”
