The US Parsons International has announced that it has acquired Canada-based Delcan, an international engineering, planning, management and technology firm that provides integrated systems and infrastructure solutions to the transportation market.
The acquisition signals Parsons intent to expand its geographic footprint in transportation, one of the corporations four key market areas.
In addition to increasing our presence in Canada and other key strategic geographies in the world, the acquisition of Delcan continues the progression of our corporate objectives through the expansion of our transportation and infrastructure business lines and our suite of technology offerings, says Chuck Harrington, Parsons chairman and CEO.
Over its 60-year history, Delcan has been providing transportation solutions within the rail and transit, road and highway, structures, water, freight, and intelligent transportation systems (ITS) markets
Delcan had revenues of about $126m in 2013. It has 800 employees working from more than 25 locations across the world, including the US, the Middle East and Hong Kong.
In the last week of March, Dubais Roads & Transport Authority (RTA) awarded a contract to a joint venture of Parsons and the UKs Halcrow to supervise the construction of the Dubai Water Canal project.
The partnerships initial scope of work awarded in December 2006 was for design, and it has now been awarded the next phase of the scheme. The new scope of work includes elevating three major roads in Dubai, relocating utilities and constructing the 2.8-kilometre-long Dubai Water Canal.
The project is split into three construction deals. Parsons is responsible for construction supervision of the first two packages related to the roads and bridges, while Halcrow will be responsible for the third package of canal excavation and marine works. The first phase of the scheme includes elevating Sheikh Zayed Road (six lanes in each direction) and relocating utilities using micro-tunnelling to facilitate the canal construction.