Pasadena-based Tetra Tech will be acquiring all of the outstanding shares of WYG Group plc, an award-winning geo-environmental services firm operating from more than 30 locations across the UK, Europe, Africa, and Asia.
Tetra Tech said the acquisition has become effective through a UK court-approved scheme of arrangement and the transaction has closed. Trading in WYG shares on the London Stock Exchange has also been suspended and the outstanding shares of WYG are now owned by Tetra Tech, a Tetra Tech statement said.
“The addition of WYG advances our strategy to be the premier global high-end consulting, engineering, and program management firm,” Dan Batrack, Tetra Tech Chairman and CEO, said. “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.”
WYG has over 1,600 employees 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, architecture, urban design, surveying, asset management, program management, and international development.
With the acquisition, WYG expands Tetra Tech’s geographic presence and positions the company as a leading global consulting, engineering and program management firm focused on water, environment and infrastructure.
In addition, WYG enhances Tetra Tech’s international development business both for the European Union and the United Kingdom’s Department for International Development. Collectively, its expanded presence in the UK provides a strong platform for growth in the UK and Europe.
As a leading provider of high-end consulting and engineering services for projects worldwide, Tetra Tech has 20,000 associates working together, providing clear solutions to complex problems in water, environment, infrastructure, resource management, energy, and international development.