WSP Global Inc. is growing its reach in Latin America with the acquisition of Consultoría Colombiana S.A. (ConCol), a 1,000-employee professional services firm based in Colombia with offices in Peru, Chile, Panama and Mexico. This transaction follows the July acquisition of Poch, a 730-employee professional services firm based in Chile.
Founded in 1971, ConCol is a multidisciplinary consulting firm with expertise in power, transport, oil & gas, environment, as well as project management.
“The acquisition of ConCol, which was financed using our available cash and credit facilities, will further strengthen our presence in Latin America, especially in power transmission, a ConCol core market,” said Alexandre L’Heureux, WSP president and CEO, in a company release.
WSP now has about 2,500 employees in the Latin America region.
“As a global firm with a recognized technical expertise and expanded global network, WSP is the perfect partner for us to pursue our growth,” said Mr. Andrés Manrique Manrique, CEO of ConCol.