Sale of consultancy WYG to US business confirmed
California-based consultant Tetra Tech has completed its acquisition of consulting and engineering firm WYG.
Tetra Tech said the deal would provide a platform for further growth into the UK and Europe and enhance its international development business for both the European Union and the UK’s Department for International Development.
WYG employs 1,600 staff across the UK and Europe and works on complex projects in a variety of arenas including: planning, water and environment, transport, infrastructure, building environment, architecture, urban design, surveying, asset management, and international development.
Its shares on the London stock exchange have been suspended and its outstanding shares are now owned by Tetra Tech.
Dan Batrack, Tetra Tech chairman and chief executive said: “The addition of WYG advances our strategy to be the premier global high-end consulting, engineering, and program management firm. WYG’s expertise in infrastructure and program management, as well as water and environmental services, enables us to deliver innovative solutions to support the UK’s infrastructure needs. Together, we will provide an expanded scope of services to our customers and offer our combined staff even greater professional opportunities.”