Global design firm Stantec is further expanding its United Kingdom (UK) presence with the planned acquisition of Reading-based Peter Brett Associates LLP (PBA).
An independent firm of more than 700 engineers, planners, scientists and economists delivering projects in a variety of sectors, PBA has 14 offices distributed across the UK and three across Central Europe. The transaction is expected to close in September.
“Both PBA and Stantec bring teams that possess a depth of expertise, experience, and passion for community. Together, our combined strengths will be essential to meet the growing opportunities in key UK markets,” said Gord Johnston, Stantec president and CEO. “Regionally, the project landscape is promising with the UK government’s policy to build 300,000 new homes per year, a five-year program to invest £4.4 billion ($7.4 billion CAD) in new and refurbished schools, a robust university upgrading initiative, and a major national investment program in UK infrastructure. These programs, paired with the existing role PBA is playing in projects like High Speed 2 and Crossrail 2, position us well for continued growth together."
PBA has more than five decades of project experience in key regional markets, including urban regeneration, infrastructure, energy, public sector, waste and water sectors.
Since 2010, the firm has been actively working on the Thames Tideway Tunnel project, London’s largest sewer upgrade since the Victorian era. Previously, PBA managed the assessments for environmental impacts, health, transportation and energy and carbon footprint while also supporting stakeholder engagement and public consultation. The firm is continuing to provide extensive consultation on this project on several areas, including environmental planning and construction traffic strategy.
“Joining forces with Stantec will enable us to provide our clients with greater insights and expertise from the wider Stantec team and allow PBA to capitalise on the opportunities it is creating in the development and infrastructure markets,” said Keith Mitchell, PBA chairman. “We are excited about the opportunities that can flow from joining a team which shares our values and approach to client relationships, and that has demonstrated its track record as a great place to work.”
More than 2,400 of Stantec’s 22,000 -strong existing workforce are based in the United Kingdom.
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