Stantec Inc. Expands Engineering Services in New Zealand with Cosgroves Acquisition
- Stantec Inc. acquires Cosgroves, adding 90 employees and enhancing engineering capabilities in New Zealand.
- The acquisition aligns with Stantec's growth strategy, boosting its workforce to over 900 in the region.
- Stantec aims to leverage local knowledge and global experience to address infrastructure challenges in New Zealand and Australia.
Stantec Strengthens Engineering Services in New Zealand with Cosgroves Acquisition
Stantec Inc., a leader in sustainable design and engineering, solidifies its presence in New Zealand through the strategic acquisition of Cosgroves, a well-respected buildings engineering firm based in Christchurch. This acquisition, announced on June 29, 2025, adds 90 employees to Stantec’s workforce, enhancing its engineering capabilities across several critical sectors. With a focus on fire engineering, electrical, mechanical, hydraulics, sustainability, and civil engineering, Stantec aims to bolster its service offerings in key markets such as healthcare, advanced manufacturing, and mission-critical data centers. With this acquisition, Stantec’s total workforce in New Zealand increases by approximately 10%, bringing the number of employees to over 900.
The acquisition of Cosgroves aligns with Stantec's ongoing growth strategy in New Zealand, which has already seen the successful integration of firms like Cardno and MWH. Stantec's president and CEO, Gord Johnston, articulates that the combined expertise and resources of both firms will enhance their market position, particularly in light of anticipated public and private sector opportunities. The New Zealand market is poised for growth, especially with an expected increase in healthcare funding over the next decade. This strategic move not only reinforces Stantec's commitment to expanding its footprint in the region but also positions the company to leverage emerging opportunities effectively.
Brady Cosgrove, the founding director of Cosgroves, expresses enthusiasm for the acquisition, noting the potential for growth through the integration of local knowledge and Stantec’s global experience. This collaboration enables their teams to pursue projects that span both national and international landscapes. As Stantec continues to address pressing global challenges like climate change and infrastructure management, the acquisition of Cosgroves is a significant step in enhancing its engineering services in both Australia and New Zealand. Collectively, the workforce in these regions now exceeds 2,800, further establishing Stantec as a formidable player in sustainable engineering solutions.
In addition to the acquisition, Stantec maintains a strong commitment to community-focused initiatives, emphasizing its role as a responsible corporate citizen. This focus aligns with the growing demand for sustainable and innovative engineering practices, positioning Stantec as a trusted partner in addressing the infrastructure needs of the future. As Stantec moves forward, it continues to prioritize the integration of local expertise with global best practices, ensuring comprehensive solutions for its clients.