Stantec enters deal to acquire architecture company Page

Sustainable plan and engineering institution Stantec has entered into an statement to get Page, an architecture and engineering business, for an undisclosed sum.

This woody is expected to heighten Stantec's quality successful precocious manufacturing, information centres, and healthcare, arsenic good arsenic present caller capabilities successful cleanable country plan and fabrication facilities.

It volition besides bolster Stantec's capabilities successful cardinal academic, civic, cultural, aviation, subject and technology, and commercialized projects.

Page’s integration into Stantec is acceptable to grow the company’s US Buildings signifier by 35% and boost its full US unit fig to astir 13,500.

Stantec plans to concern the acquisition utilizing existing funds and recognition facilities.

The acquisition volition marque Stantec the second-largest architecture institution successful the US, the institution said successful a statement.

Stantec president and CEO Gord Johnston said: “Page is simply a respected architecture and engineering steadfast with shared values and a committedness to plan excellence and innovation.

“This acquisition volition greatly enactment our strategical marketplace maturation successful our Buildings concern portion enabling america to leverage our expanded level to amended service our North American clients and turn our worldwide marketplace presence.”

Completion of this woody is contingent connected regulatory approvals.

Established successful 1898 and based successful Washington, D.C., Page employs 1,400 people. It has offices successful 20 cities crossed the US and Mexico.

Page CEO Thomas McCarthy said: “Together, we volition enactment our clients with expanded reach, greater expertise, and deeper resources. Our strategical plans were to execute home primacy and planetary power for our team, joining Stantec positions america to accelerate these plans.”

Stantec and Page person antecedently collaborated connected home healthcare projects successful Sarasota, Florida.

Page's portfolio features projects specified arsenic the Indeed Tower successful Austin, the translation of Terminal B astatine George Bush Intercontinental Airport, and the National Museum of African American History and Culture successful Washington, D.C., on with assorted different projects.

Meanwhile, successful December 2024, Stantec was successful the quality for receiving a declaration to connection Owner’s Engineer/Technical Advisory Services for the F.G. Gardiner Expressway Rehabilitation Project Section 4 successful Toronto, Canada.

"Stantec enters woody to get architecture institution Page" was primitively created and published by World Construction Network, a GlobalData owned brand.

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