WSP Global to Buy GCM Corpo

08:58 AM EDT, 10/01/2026 (MT Newswires) -- WSP Global (WSP.TO) entered into an agreement to buy GCM Corpo, a Canadian provider of engineering consulting and specialist services for the energy and industrial sectors, it said in a statement on Thursday. A portion of the purchase price will be paid in WSP common shares to the sellers, including Fonds de solidarite FTQ, GCM Corpo's largest shareholder, it said. No financial details were given. WSP believes the deal will expand its platform in Canada by growing its core engineering consulting business and broadening access to clients in the energy and industrial sectors, including original equipment manufacturers. Closing of the deal is expected in the fourth quarter of 2026. Shares of the company closed up 1.6% to CA$174.24 on Wednesday on the Toronto Stock Exchange.