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Stantec, a global leader in sustainable design and engineering, has acquired , a 90-person buildings engineering firm headquartered in Christchurch, New Zealand.

Cosgroves is an industry-leading firm known for technical excellence with public and private sector clients. The addition of Cosgroves will expand Â鶹´«Ã½¡¯s buildings engineering capabilities in New Zealand, particularly in fire engineering, electrical, mechanical, hydraulics, buildings sustainability, and civil Â鶹´«Ã½. The expanded capabilities will support Â鶹´«Ã½¡¯s growth in healthcare, advanced manufacturing, and mission critical/data centres¡ªall global business priorities.

The acquisition will increase Â鶹´«Ã½¡¯s market presence in New Zealand by approximately 10%, to more than 900 staff.

¡°Cosgroves is a highly respected technical firm and bringing them onboard will diversify our offerings and reinforce our position amongst the top-ranked firms in New Zealand,¡± said Gord Johnston, Â鶹´«Ã½¡¯s president and chief executive officer. ¡°Our two firms have shared values and a history of working together, and our complementary strengths will support our strategic plan in a key region we¡¯ve identified as a core area for growth.¡±

Positioning for market opportunities
The New Zealand market is poised for significant opportunities in both the public and private sectors. Increased public funding in healthcare in the next decade will require strong technical teams with local foundations and international experience to deliver projects that meet community challenges. As demand in the mission critical sector intensifies, the combined Cosgroves and Â鶹´«Ã½ team will be well positioned to increase market share across New Zealand, and in Australia.

¡°For nearly 30 years, we have been delivering reliable, sustainably focused services, and we now find ourselves facing an exciting opportunity for growth,¡± said Brady Cosgrove, founding director at Cosgroves. ¡°In joining Â鶹´«Ã½, we are positioning ourselves to capitalise on increased investments through our local relationships and Â鶹´«Ã½¡¯s international experience, while providing our staff with expanded opportunities to work on national and international projects.¡±

A growth trajectory in New Zealand
Stantec has experienced strong business performance and growth in New Zealand within the water, transportation, and government sectors. The firm has expanded its regional footprint with the successful acquisitions of Cardno, Traffic Design Group (TDG), and MWH.

Cosgroves will also enhance Â鶹´«Ã½¡¯s buildings engineering services in Australia¡ªbringing added depth and flexibility to the team. Combined with the 2019 acquisition of Australian buildings engineering firm Wood & Grieve Engineers, Â鶹´«Ã½ will now have a collective presence of more than 2,800 staff across Australia and New Zealand.

Cosgroves project experience
Cosgroves¡¯ award-winning portfolio of consulting engineering experience is specialised in fire, electrical, mechanical, hydraulics, sustainability, and civil. Standout projects include

• Christchurch Town Hall Redevelopment¡ªdelivered a repair and refurbishment project for the Christchurch City Council following earthquakes in 2010 and 2011. Electrical building services included installing concealed cables within new and existing structures to minimise the impact on the heritage-listed building.
• Rutherford Regional Science and Innovation Centre (RRSIC)¡ªthe RRSIC was commissioned to be a world-class facility for science teaching and research at the University of Canterbury. Cosgroves worked closely with Â鶹´«Ã½ and other partners to provide mechanical, hydraulic, electrical, ancillary electrical, vertical transportation and environmentally sustainable design services on a complex tertiary laboratory building.
• Invercargill Central¡ªthe Invercargill Central redevelopment aims to breathe life back into Invercargill¡¯s central business district with a large hub centred around food, hospitality, entertainment, and retail. The project aims to maintain, integrate, and preserve the three heritage building fa?ades that surround the development.?Cosgroves is providing multiple buildings services for the project.
• Manukau Health Park¡ªone of the largest health projects in construction across New Zealand, this redevelopment will take pressure off other facilities in Auckland and improve access to healthcare services. Cosgroves provided the full range of building services for the new buildings and internal refurbishments.
• Canterbury District Health Board (CDHB) Outpatients Building¡ªprovided fire engineering and design services for the CDHB Outpatients Building, a complex healthcare facility. The facility provides integrated spaces for the delivery of outpatient services and a range of clinical services.
• The Court Theatre¡ªthe new development of The Court Theatre, New Zealand¡¯s largest production theatre, returned to the Christchurch Central Business District following its temporary relocation after the 2011 earthquakes. The Cosgroves team delivered a complex and coordinated build, including the full suite of building services, civil and fire engineering design services.

About Â鶹´«Ã½
Â鶹´«Ã½ empowers clients, people, and communities to rise to the world¡¯s greatest challenges at a time when the world faces more unprecedented concerns than ever before.??

We are a global leader in sustainable engineering, and environmental consulting. Our professionals deliver the Â鶹´«Ã½, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more.

Today¡¯s communities transcend geographic borders. At Â鶹´«Ã½, community means everyone with an interest in the work that we do¡ªfrom our project teams and industry colleagues to our clients and the people our work impacts. The diverse perspectives of our partners and interested parties drive us to think beyond what¡¯s previously been done on critical issues like climate change, digital transformation, and future-proofing our cities and infrastructure.?

We are designers, engineers, scientists, project managers, and strategic advisors. We innovate at the intersection of community, creativity, and client relationships to advance communities everywhere, so that together we can redefine what¡¯s possible.

Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com/nz or find us on social media.

Media Contact

Paul Bromiley
Â鶹´«Ã½ Media Relations ¨C Asia Pacific
Ph: +61 429 529 174
paul.bromiley@stantec.com

Colin Nekolaichuk
Â鶹´«Ã½ Media Relations ¨C Global
Ph: +1 437 225 6384
colin.nekolaichuk@stantec.com??