WSP acquires Colombian engineering firm

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WSP acquires Colombian engineering firm

WSP Global Inc. has acquired Dessau CEI S.A.S, Dessau International Inc.'s Colombian engineering subsidiary active in transportation and oil & gas sectors.

Dessau CEI has 415 employees based in Bogotá. This acquisition plays an integral part in WSP's growth strategy for South America.

Dessau CEI has participated in large engineering projects contributing to the development of the country such as the construction supervision of large dams, the valorisation plan of the city of Bogotá (studies and design of roads, intersections, intersections, pedestrian bridges and public spaces) and the Bogotá-Villavicencio Highway (including the design of large tunnels and bridges), which was awarded the 2010 National Engineering Award.

In the oil and gas sector, the firm has been in charge of supervising the construction of the biggest part of the oil pipeline system in Colombia for Ecopetrol, the major oil and gas player in Colombia and successfully completed the Control Center Project Management construction of the most important oil refinery in Colombia.

Ali Ettehadieh, Managing Director of South America and the Caribbean for WSP, stated:

"We are pleased with this acquisition, which is an integral part of our South American growth strategy. After having significantly grown in Colombia for the past two years, we believe this transaction will provide a perfect complement to the array of services we offer our clients, as Dessau CEI's expertise will strengthen our expertise in the transportation and oil & gas sectors Now that we have a strong presence in Colombia and a broader expertise, we would like to leverage that to pursue the next phase of our growth in South America."

Luis E. Quintero, Dessau CEI's General Manager in Colombia, commented:

"As part of a firm with such a global presence, we believe the strength of our expertise in highways supervision and design, energy projects as well as oil pipelines supervision, coupled with their outreach, will create tremendous opportunities for both our clients and employees"

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