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Dive brief:
- Design conglomerate Stantec has acquired Markham, Ont.-based Morrison Hershfieldthe company announced on January 9. Terms of the deal were not disclosed.
- Stantec, which ranked eighth on Engineering News Record’s 2023 Top 500 Design Firms list, landed No. 148 Morrison Hershfield in an effort to increase its presence in Canadian markets, according to the release. As a result, Edmonton-based Stantec, which has more than half of its offices in the US, will increase its Canadian workforce by 10%.
- Stantec said in the statement that Morrison Hershfield is one of the only Canadian-based engineering companies with strengths, lines of business and customers that will add to its presence in multiple key growth markets, including the area of Greater Toronto, one of Canada’s largest real estate markets. .
Diving knowledge:
The design firm highlighted two of Morrison Hershfield’s business areas in the announcement: its horizontal infrastructure and environmental services segments.
Stantec said the former would double Stantec’s transportation presence in Ontario, while the latter would strengthen its ability to support infrastructure projects in key Canadian markets such as Toronto, Vancouver, British Columbia and northern Canada by combining the offices of both companies in Whitehorse, Yukon.
Along with those segments, Morrison Hershfield offers Stantec capacity in a data center and mission critical market space, according to the release, which it said complements its acquisition of Environmental Systems Design last June
“This acquisition gives us access to many high-profile US and global projects and markets in the communities where our employees live and work,” said Anthony Karakatsanis, CEO of Morrison Hershfield.
Projects Morrison Hershfield has worked on include:
- The Gardiner Expressway East from Cherry Street to Don Valley Parkway in Toronto. The company is providing engineering services on the project.
- The Confederation and Trillium lines of Ottawa’s light rail transit system. Morrison Hershfield provided preliminary engineering and procurement services, as well as the implementation and construction phases. The project involves the construction of 27 miles of new light rail track, as well as 24 stations.
- The renovation of the Microsoft Redmond campus in Redmond, Washington, which will construct 19 new buildings in four towns, a 6,500-car parking garage, a visitor center and a central utility plant. The company’s services include building envelope consulting and commissioning, facade engineering, energy modeling and field performance testing.
The deal, which is subject to shareholder approval, court proceedings and regulatory approvals, is expected to close this quarter.
