Stantec Signs Letter of Intent to Acquire Wellington's TDG
Stantec Signs Letter of Intent to Acquire
Wellington-Based TDGCombined talents,
strengths create one of New Zealand’s largest
transportation engineering practices
WELLINGTON, NEW ZEALAND
(February14, 2018) TSX,
NYSE:STN
Global design
firm Stantec is strengthening its New Zealand and
Australia-based capabilities with the planned acquisition of
Wellington -based consulting transportation engineering
firm, Traffic Design Group (TDG). With more than 80 team
members, TDG has offices located in markets throughout New
Zealand, including Auckland, Tauranga, Hamilton, Napier,
Wellington, Nelson, and Christchurch. The firm also has an
office in Sydney, Australia. The transaction is expected to
close April 1.
“The addition of TDG creates one of the largest transportation practices available to locally support communities in New Zealand and Australia,” said Mark Bruzzone, Stantec Australia/New Zealand managing director. “TDG and its talented team members have a deeply respected local legacy and serve as a great complement to our existing teams.”
With more than 40 years of service supporting communities, TDG holds extensive experience in traffic engineering, transportation planning, development assessment, pedestrian access and mobility, geometric design, master planning, and road safety. The firm’s project experience also spans large and small developments, in both the public and private sectors.
“Importantly for Stantec and our clients, the acquisition of TDG provides additional local leadership that remain empowered to drive and grow the business locally, while leveraging Stantec’s worldwide strengths,” said Gavin O’Connor, Stantec New Zealand general manager. “Stantec also recognizes that the TDG organization has much to offer our global operations in terms of expertise, best practice and creativity.”
A history,
footprint throughout Wellington and New
Zealand
TDG works with a wide variety of clients
in the private commercial and government arenas. Among the
firm’s notable projects include support to the
Greater Wellington Regional Council to
facilitate their primary transportation planning tool, the
only model capable of forecasting changes in travel
patterns. For more than 30 years, TDG has supported
Wellington Airport with consulting services
spanning master-planning and apron expansions to all
landside traffic operations and safety. The firm is
currently supporting the airport’s expansion and upgrade
which includes new multi-story carpark, new concourse areas,
an integrated transport hub and connecting with a new
airport hotel. Additionally, TDG provided transportation
consultant services for the award-winning conversion of the
former Wigram Aerodrome into Wigram
Skies’ new town centre development. In addition
to master planning, TDG provided transport modelling and
assessment, subdivision and town centre design, and external
intersection and road corridor design. The firm also is
providing consulting support for the rebuild of
Dunedin City’s strategic four-stage
transport model to assess new transport infrastructure, as
well as changes to the public transport system, cost, and
operations to the transport network.
“We see this development as a tremendous opportunity to continue our multi-decade legacy with a company that holds the same standards for excellence and dedication to the country’s infrastructure landscape,” said Brett Harries, TDG managing director. “The joining of our companies will also provide unprecedented opportunities for our team members to work on projects located around the world while maintaining our local footprint.”
From its base of more than
22,000 team members worldwide, Stantec currently has more
than 2,400 transportation practice staff and more than 180
currently based across New Zealand and
Australia.
About
Stantec
Communities are fundamental. Whether
around the corner or across the globe, they provide a
foundation, a sense of place and of belonging. That's why at
Stantec, we always design with community in mind.
We care about the communities we serve—because they're our communities too. We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe. Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com or find us on social media.