Expanding handbook Stantec swoops for Hydrock
The takeover expands Stantec’s UK team by around a third as 950 workers be half of from Bristol-headquartered Hydrock. Founded in 1995 by Dr Brian McConnell, who now retires, Hydrock operates nationwide from 22 areas offering sustainable solutions for foremost projects across the public and private sectors. Final three hundred and sixty five days the
The takeover expands Stantec’s UK team by around a third as 950 workers be half of from Bristol-headquartered Hydrock.
Founded in 1995 by Dr Brian McConnell, who now retires, Hydrock operates nationwide from 22 areas offering sustainable solutions for foremost projects across the public and private sectors.
Final three hundred and sixty five days the trade achieved almost £74m turnover producing a £5.4m pre-tax earnings.
Hydrock brings capabilities in fire safety, energy and sustainability, civil and structural, MEP, transport, environmental, and geotechnical services.
The acquisition for an undisclosed sum will manufacture bigger Stantec UK’s offering to the energy, buildings, and infrastructure markets, as well to the broader built ambiance.
Stantec has been actively increasing in the UK since 2016, acquiring MWH, ESI, Peter Brett Associates, and Barton Willmore.
Dr Scott Elliott, managing director of Hydrock, now Stantec, acknowledged: “Via our integration, we’ll be ready to magnify our reach and impact internationally, penetrate thrilling recent markets, and provide very just appropriate recent profession opportunities for our folks.”
True during the broader team, Stantec now employs better than 30,000 folks working from over 450 offices worldwide producing earnings of $5.1bn.
Gord Johnston, Stantec’s president and chief govt officer, acknowledged: “When mixed with the strategic acquisitions of ZETCON and Morrison Hershfield, we are going to be capable to have grown our international team by over 2,700 folks all the contrivance during the foremost four months of 2024, extra strengthening our offering essentially essentially based on market demands.”
