Stantec Acquiring MWH in $795 Million Deal

Stantec Inc., has announced it will acquire MWH Global, Inc., a Broomfield, Colorado-based engineering, consulting and construction management firm focused on water and natural resources for built infrastructure and the environment.

Under the terms of the all-cash deal, unanimously approved by the boards of directors of both companies, Stantec will acquire all of the issued and outstanding capital stock of MWH for a purchase price of approximately US$793 million. The transaction is valued at approximately US$795 million after taking into account the estimated assumed net indebtedness of MWH.