Skip to content

Stantec acquires U.K. engineering form Hydrock, terms not disclosed

20240501080528-085c5a9a9b97064e6321606a75fcdb2675ea4afa96816bf2d87e132ee254b4ea
Stantec Inc. logo is shown in a handout. The engineering firm says it has acquired Hydrock, an engineering design firm based in England. THE CANADIAN PRESS/HO

EDMONTON — Engineering firm Stantec Inc. says it has acquired Hydrock, an engineering design firm based in England.

Financial terms of the deal that closed on Tuesday were not disclosed.

Stantec says the addition of Hydrock and its 950 employees will increase its workforce in the United Kingdom by over 30 per cent.

The Canadian company says Hydrock’s project experience is focused on building design and performance, energy and sustainability, climate adaptation, and geo-environmental services.

The deal is Stantec's third acquisition in recent months.

It recently added Markham, Ont.-based engineering firm Morrison Hershfield as well as German infrastructure firm Zetcon Engineering.

This report by The Canadian Press was first published May 1, 2024.

Companies in this story: (TSX:STN)

The Canadian Press

push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks