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Wood Group to Sell Built Environment Unit to WSP Global in $1.9 Billion Carve-Out Sale

Paul, Weiss is advising Aberdeen, Scotland-based John Wood Group PLC as U.S. counsel on the sale of its Built Environment consulting business to WSP Global Inc. for gross proceeds of approximately $1.9 billion. Built Environment Consulting is a leading environmental consulting and engineering services business with over 100 offices predominantly in North America. The deal is expected to be completed in the second half of 2022, subject to shareholder and regulatory approvals.

The Paul, Weiss team includes corporate partners Laura Turano, Krishna Veeraraghavan and David Huntington; executive compensation partner Jarrett Hoffman; tax partner Robert Holo; litigation partners Joshua Soven and Jaren Janghorbani; intellectual property partner Jonathan Ashtor; international trade counsel Richard Elliott; and antitrust counsel Yuni Sobel.

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