WSP Global has announced a definitive agreement to acquire UK engineering consultancy Ricardo for approximately $490 million, including debt, with the transaction expected to close in the fourth quarter of 2025. This is reported by the railway transport news portal Railway Supply.

WSP Global has announced a definitive agreement to acquire UK engineering consultancy Ricardo for approximately $490 million, including debt, with the transaction expected to close in the fourth quarter of 2025
Photo: Ricardo

Ricardo, headquartered in the United Kingdom, employs over 2,700 professionals and operates in more than 20 countries across Europe, North America, Asia, the Middle East, and Australia. The company focuses on engineering and strategy services for the rail, energy, and automotive sectors.

Don’t miss…Martinus Expands in Queensland with New Rail Partnership

WSP Global aims to strengthen its capabilities in rail transport, sustainable energy, and resource management through this acquisition. The deal will also boost its presence in the UK, Australia, and the Netherlands—key markets for future expansion.

In recent years, Ricardo has prioritized its Rail and Energy & Environment divisions. These units will integrate with WSP’s portfolio, offering complementary solutions to meet growing global demand for decarbonization and infrastructure innovation.

WSP Global expands services through Ricardo acquisition

WSP Global specializes in engineering consultancy, employing around 72,600 people and managing over 200,000 projects globally. This acquisition will enhance its multidisciplinary services and diversify its offerings.

The company also plans to evaluate the future of Ricardo’s Automotive & Industrial and Performance Products divisions. A strategic review may lead to potential divestment if these units no longer align with long-term goals.

Deal with Ricardo reinforces WSP Global’s global strategy

Combining Ricardo’s expertise with WSP’s global platform will enable the delivery of integrated, sustainable solutions across sectors. This move supports WSP Global’s strategy to lead in transportation and energy consulting worldwide.

By acquiring Ricardo, WSP strengthens its position as a global leader ready to tackle the world’s most pressing environmental and infrastructure challenges.

News on railway transport, industry, and railway technologies from Railway Supply that you might have missed:

Don’t miss…San Francisco Launches Advanced Train Control Upgrade Project

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.

Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit