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BG Bonnard & Gardel Holding SA has been acquired by the WSP Group

Zurich – CFI is pleased to announce that it acted as exclusive financial advisor to BG Bonnard & Gardel Holding SA in its acquisition by the WSP Group.

BG Consulting Engineers is a Swiss consulting company originally founded in 1954. With more than 700 employees across Europe, they provide strategic advisory, engineering and design to sectors that range form transportation infrastructure to providing energy to private and public buildings. Balancing human and environmental impact and deploying transversal approaches, BG is proactively addressing climate change and urbanization to support local communities and regions.

As one of the world’s leading professional services firms, WSP exists to future-proof cities and the environment. It provides strategic advisory, engineering, and design services to clients in the transportation, infrastructure, environment, building, power, energy, water, mining and resource sectors. WSP derived about half of its $10.3B (CAD) 2021 revenues from clean sources. Its shares are listed on the Toronto Stock Exchange (TSX: WSP).

This transaction will grant WSP a foothold in the French-speaking regions of Switzerland. Joining forces with BG will capitalize on WSP’s strengths and further scale its capabilities in key sectors, with significant growth opportunities. This acquisition further enables WSP to add BG’s tunnel expertise to its European service offering.

“This transaction is an opportunity for both companies. BG’s position will be strengthened in its traditional markets; our clients will benefit from an even wider range of services and our employees will benefit from the advantages inherent in being part of a global organization. We look forward to new growth and development opportunities as we draw on WSP’s international network of experts and contribute to exceptional projects.” – Pierre Epars, BG’s Chief Executive Officer

This transaction will close on 31 January 2023.

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