Denver — CH2M HILL entered into an agreement to purchase the business of TERA Environmental Consultants. With over 450 staff, TERA has been in the environmental consulting business serving the pipeline, electrical transmission and oil and gas industries for more than 30 years.
“TERA has an excellent reputation for quality service,” said Chris Shea, President of CH2M HILL’s Environment and Nuclear Market. “These highly skilled and innovative employees will complement CH2M HILL’s capabilities throughout Canada, and together we’ll be able to provide an expanded suite of services for here and abroad.”
TERA President Piers Fothergill said, “TERA has had a long history and we are proud to have developed into one of the largest and most trusted environmental services firms in Canada. We are excited to be joining CH2M HILL, a company that shares our core values - particularly those related to client service and employee development. The combination of our companies will create more value for our clients through increased breadth of services and will also expand the development and career opportunities for our staff.”
Based in Calgary, TERA has two other offices in Alberta and one in Victoria, B.C. The transaction is expected to close in the second quarter of 2014.