LTK and Hatch have confirmed they are in the final stages of negotiating an integration of the two firms.
The companies say the discussions have been productive and both organizations agree that they are closely aligned with similar long-term goals and a desire to help their collective clients solve their toughest challenges.
The combination of Hatch and LTK will create a powerhouse global service provider focused on the unique needs of their clients in the infrastructure, energy and metals market sectors, according to the companies. Within the infrastructure sector, LTK brings 100 years of service and technical expertise to their clients in the rail industry, which will complement Hatch’s existing capabilities in transportation and logistics, urban solutions and water.
LTK’s clients will gain access to an integrated multi-disciplinary service from planning through to design, engineering, implementation and maintenance with large scale global experience. Hatch will not only double its footprint in the U.S. but will provide clients with specialized technical capabilities across transit vehicles and systems to enhance their comprehensive transportation expertise.
The companies will make a formal announcement shortly after they conclude the final arrangements.