WSP has acquired Ricardo, enhancing its capabilities in environmental consultancy and energy transition services to drive sustainable growth.

Target Information

Ricardo is a globally recognized leader in strategic, environmental, and engineering consultancy, dedicated to delivering innovative solutions in sustainable outcomes. With over 110 years of engineering expertise, Ricardo operates across more than 20 countries and employs around 2,600 professionals. The company is committed to supporting the energy transition and providing environmental services, alongside cross-sector transportation engineering.

Industry Overview

In recent years, the demand for environmental consultancy and energy transition services has significantly increased globally, driven by heightened awareness of climate change and the urgent need for sustainable practices. Particularly in the UK, where policy frameworks and initiatives have been established to promote renewable energy and environmental sustainability, companies in this sector are poised for substantial growth.

The UK government has introduced various policies aimed at reducing carbon emissions and promoting clean energy solutions. This legislative backdrop supports companies like Ricardo, as businesses and public e