{"id":57246,"date":"2019-05-20T11:47:24","date_gmt":"2019-05-20T10:47:24","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=57246"},"modified":"2019-05-20T11:47:24","modified_gmt":"2019-05-20T10:47:24","slug":"tetra-tech-acquire-wyg","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/tetra-tech-acquire-wyg\/57246\/","title":{"rendered":"Tetra Tech to acquire WYG for \u00a343m"},"content":{"rendered":"

Tetra Tech has made an offer to acquire the outstanding shares of WYG<\/a> for 55p per share, in a move that would expand its geographic presence<\/h2>\n

WYG employs 1,600 staff primarily in the UK and Europe, delivering consulting and engineering solutions for complex projects across key service areas including planning, water and environment, transport, infrastructure, the built environment<\/a>, architecture, urban design, surveying, asset management, programme management, and international development.<\/p>\n

The acquisition of WYG expands Tetra Tech\u2019s geographic presence and positions Tetra Tech as a leading global consulting, engineering and programme management firm focused on water, environment and infrastructure.<\/p>\n

The acquisition also enhances Tetra Tech\u2019s business for international development supporting both the EU and the UK\u2019s Department for International Development.<\/p>\n

Dan Batrack, Tetra Tech chairman and CEO, said: \u201cWYG advances our strategy to add firms that support our position as the premier global high-end consulting, engineering, and programme management firm.<\/p>\n

\u201cWYG\u2019s expertise in infrastructure and programme management, as well as water and environmental services, enables us to deliver innovative solutions to support the UK\u2019s infrastructure needs. Together, we will be able to provide an expanded scope of services to our customers and offer our combined staff even greater professional opportunities.\u201d<\/p>\n

Jeremy Beeton, WYG chairman, added: \u201cBecoming part of Tetra Tech brings the benefits of scale and access to broader expertise across highly complementary geographies and client relationships. It also brings the operational infrastructure and financial strength to support WYG\u2019s long-term ambitions, whilst we provide Tetra Tech with a strong platform for growth in the UK and Europe.<\/p>\n

\u201cWe believe the combination will provide greater opportunities for our people and our clients as well as offering certainty of immediate value to our shareholders.”<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Tetra Tech has made an offer to acquire the outstanding shares of WYG for 55p per share, in a move that would expand its geographic presence.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[285],"tags":[277,636,279,661,579,952],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-57246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-hr-skills-news","7":"tag-built-environment","8":"tag-engineering","9":"tag-environment","10":"tag-hr","11":"tag-infrastructure","12":"tag-planning"},"acf":[],"yoast_head":"\nTetra Tech to acquire WYG for \u00a343m<\/title>\n<meta name=\"description\" content=\"Tetra Tech has made an offer 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