Stantec Strengthens Sustainable Engineering Footprint with Morrison Hershfield Acquisition

by | Jan 9, 2024 | News

Stantec, a leading global sustainable design and engineering company, has finalized an agreement to acquire Morrison Hershfield, a 1,150-person engineering and management firm headquartered in Markham, Ontario. The acquisition, subject to approvals, is expected to bolster Stantec’s Canadian workforce by around 10%, with Morrison Hershfield contributing its expertise in transportation, buildings, and environmental services.

This strategic move expands Stantec’s footprint in major Canadian markets and strengthens its US presence in buildings engineering. Morrison Hershfield’s strengths complement Stantec’s, enhancing capabilities in various key growth areas, especially in the Greater Toronto Area.

The addition of Morrison Hershfield’s expertise will significantly boost Stantec’s transportation services in Ontario and Western Canada. Moreover, it aligns with Stantec’s focus on high-performance building design and environmental services, enabling a more comprehensive offering to clients.

Gord Johnston, Stantec’s president and CEO, expressed excitement about the merger, citing shared values and a history of growth in the Canadian market. Similarly, Anthony Karakatsanis, Morrison Hershfield’s president and CEO, highlighted the alignment of cultures and the potential for expanded opportunities within North American and global projects.

Morrison Hershfield’s portfolio includes notable projects like engineering services for the Gardiner Expressway East in Toronto and involvement in Ottawa’s Light Rail Transit system. These projects showcase their expertise in critical infrastructure and sustainable building design.

The acquisition marks a significant milestone for both firms, promising enhanced services, resources, and growth opportunities in various markets, which will ultimately benefit the communities they serve.

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