[MWH Global] Stantec사 인수 완료

 

콜로라도 브룸필드 소재의 MWH글로벌(MWH Global)사가 스탄텍(Stantec)사에 대한 인수를 완료했다. MWH Global사는 전체 6천800 명 규모의 엔지니어링·컨설팅·건설 관리 기업으로 기본 인프라 구축 및 환경을 위해 물과 천연자원에 주목해 왔다.

 

또한 영국, 호주, 뉴질랜드, 중남미, 유럽을 포함한 주요 지역에서 입지를 확보하면서 26개국에서 수상 경력이 있는 사업을 추진하고 187개의 사무실을 운영하는 등 수자원 인프라 분야의 글로벌 리더로 스탄텍사의 인수를 통해 더욱 규모를 확장할 것으로 예상된다.

 

두 기업의 지난 3월 29일 발표에 따르면 MWH글로벌사의 주주는 인수와 관련해 압도적으로 찬성 의사를 밝힌 바 있다.

 

[원문보기]

 

Stantec Completes Acquisition of MWH Global

 

Stantec Inc. has completed the acquisition of Broomfield, Colorado-based MWH Global, Inc., a 6,800-person engineering, consulting and construction management firm focused on water and natural resources for built infrastructure and the environment. With award-winning project work and 187 offices distributed across 26 countries, the Acquisition expands Stantec’s position as a global leader in water resources infrastructure while gaining presence in key geographies, including the United Kingdom, Australia, New Zealand, South and Central America, Europe and the Middle East.  The Acquisition closed pursuant to the agreement announced by both firms on March 29, 2016. The MWH shareholders voted overwhelmingly in favor of the Acquisition. 97% of the issued and outstanding MWH shares were voted, and the vote was 99.7% in favor of approving the Acquisition.

 

“The closing of the Acquisition marks an important step in the Company’s continued journey to be a top global design firm,” said Bob Gomes, Stantec president and chief executive officer. “MWH brings new geographic presence, acclaimed industry reputation, and most importantly, shared values in their dedication to communities.”

 

With Recognized Projects and History
With nearly 200 years of recognized industry history, MWH has supported some of the world's most technically significant water and natural resource infrastructure projects, including:
·Serving as the lead designer on the Panama Canal Third Set of Locks Project in Panama;
·Providing asset management, design, and construction strategies, as part of an alliance of industry-leading organizations, for the Thames Water Asset Management Programme 6 in the United Kingdom; and
·Serving as the construction manager for the Austin Water Treatment Plant No. 4 in Texas, United States which effectively treats 50 million gallons (over 189 million litres) of water daily from nearby water sources.

 

“By combining the talents and expertise of our employees, we have forged an even stronger team to address our clients’ most challenging issues in water and infrastructure,” said Alan Krause, MWH chairman and CEO. “Inspired by our shared values and guided by our united purpose, we are now Building a Better World and Designing with Community in Mind for an exciting new world of opportunities. Working together in this way, we can be more and do more for all of our employees, clients and communities.”

New Opportunities

Along with its global network of staff, MWH brings capabilities that are new to Stantec, including its Engineering and Technical Services group, which provide water-related design services to key hydro-power, oil and gas, mining, and industrial clients. MWH further contributes construction management, program management, and management consulting business services related to water infrastructure.  Within the construction field, MWH has a significant range of capabilities, with the majority being construction management at-risk performed on water-related projects in the United States and the United Kingdom.

 

Strategic Combination of Teams
Executive leaders from Stantec and MWH are working together to develop an integration strategy that identifies and leverages the firms’ combined strengths. In combination, Stantec will have approximately 22,000 team members distributed across more than 400 offices located around the world.

 

New Credit Facilities
In connection with the closing of the Acquisition, Stantec completed the financing of $1.25 billion syndicated senior secured credit facilities, consisting of an $800 million senior secured revolving credit facility, and a $450 million senior secured term credit facility (together the “New Credit Facilities”). The Acquisition and the refinancing of existing Stantec debt was funded by a combination of: (i) net proceeds of approximately $786 million drawn under the New Credit Facilities, and (ii) the net proceeds of approximately $580 million from the previously announced offering of 19,964,000 subscription receipts, inclusive of 2,604,000 subscription receipts issued pursuant to the exercise in full of the underwriters’ over-allotment option.

 

Subscription Receipts to Convert to Common Shares
As a result of the closing of the Acquisition, Stantec’s 19,964,000 subscription receipts were, in accordance with their terms, automatically settled on a one-for-one basis for common shares of the Company.  Stantec further expects that trading in the subscription receipts on the Toronto Stock Exchange will be halted shortly following the issuance of this news release and that the subscription receipts will be delisted as of the close of business on May 6, 2016. Holders of the subscription receipts are not required to take any action in order to receive their common shares.

 

[출처 = Water World / 2016년 5월 8일]