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Altus Group, WSP Global to combine geomatics business units

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Altus Group, WSP Global to combine geomatics business units

Real estate services company Altus Group Ltd. and engineering and design service provider WSP Global Inc. agreed to merge their respective geomatics business segments.

The merged entity will comprise about 750 employees, with offices in western Canada and Ontario.

John Nielsen, senior vice president of operations for infrastructure at WSP in Canada, will be president and CEO of the combined company, while Mitch Ettinger, president of Altus' geomatics unit, will be COO.

The deal, subject to definitive documentation, is set to close during the second quarter.