Wood & Grieve Engineers success to continue as Stantec
15 October 2018
WGE: In a move described as a union between “complementary rather than competitive organisations”, award-winning engineering firm Wood & Grieve Engineers (WGE) has signed a letter of intent to integrate with global consultancy firm Stantec.
The decision, building on recent success will see the Australian engineering firm gain access to a global pool of talent and resources that will facilitate the delivery of iconic projects in both local and international markets for years to come.
WGE CEO José Granado said the move was a win for WGE clients and employees alike.
“We’ve seen an unprecedented amount of growth from WGE over the last 12 months and been fortunate to work on some amazing projects around Australia,” Mr Granado said.
“This strong trend of growth across Australia prompted us to explore opportunities to expand our reach and the obvious pathway was through partnership with a like-minded organisation.
“We wanted a partner that could integrate our services and shared WGE’s vision and culture. After identifying and assessing several candidates, it was clear that Stantec was a great fit for our organisation.
“Stantec’s outstanding track record of delivering iconic projects to the highest standard, client-centric culture, and exemplary attitude made them the ideal partner and we’re excited about what this opportunity will be mean for our team and our clients.”
WGE has been operating in Australia for more than 50 years and has offices throughout the country, including Perth, Sydney, Melbourne, and Brisbane. WGE offers a full suite of building services, structural engineering, land development, and infrastructure services.
The WGE board passed the motion on Wednesday, 3 October 2018, and both companies will now enter an official due diligence period that is expected to be complete in January 2019.
Stantec president and CEO Gord Johnston said WGE’s wealth of experience and corporate culture were invaluable assets that would continue to build into the future.
“WGE brings the creative culture, demonstrated expertise, and regional presence to help us continually serve communities throughout Australia with an expanded array of services,” Mr Johnston said.
“Together, our teams will successfully support some of the largest, most critically important infrastructure projects in the region.”
Stantec is a multi-disciplinary publicly-listed corporation with more than 400 offices across the globe.
Mr Granado said there was very little overlap between the services and projects both Stantec and WGE provides.
“Through joining Stantec, we will be able to offer a wider range of services to existing clients and better meet the demand for high quality engineers,” Mr Granado said.
“We are also excited because our team will now have the opportunity to work on projects throughout the world.”
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Source: Wood & Grieve Engineers - www.wge.com.au
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