Ricardo announced that it has signed a share purchase agreement to acquire the assets, operations, and employees of Transport Engineering

Global engineering and environmental consultancy Ricardo (Shoreham-by-Sea, UK) announced that it has signed a share purchase agreement to acquire the assets, operations, and employees of Transport Engineering (Chatswood, Australia).

Dave Shemmans, CEO of Ricardo plc commented: “I am delighted to be able to announce the signing of the share purchase agreement with Transport Engineering and look forward to welcoming Stephen Boyd and his team into the global Ricardo family. I am excited about the breadth and depth of experience that Transport Engineering will bring to Ricardo and the opportunities that this will bring for Ricardo in Australia. Transport Engineering has an excellent market reputation, strong customer relationships and a very similar culture of quality and excellence in engineering to that of Ricardo.”

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Morrissey Goodale
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