07 January 2025

Ricardo Group completes acquisition of E3 Advisory

Ricardo plc, a global environmental, engineering and strategic consulting company, today confirmed that is has completed the acquisition of E3 Advisory, a leading Australian infrastructure advisory firm that advises both governments and private clients through the infrastructure project lifecycle, with expertise in transport (road and rail), clean energy, water, and mining and resources infrastructure.

The acquisition offers a compelling strategic opportunity that will add further scope and scale to Ricardo’s energy & environment business and integrated service offering in Australia.

“E3 Advisory forms part of the next chapter for Ricardo and plays a pivotal role in transforming our business to create a leading position in environmental and energy solutions. E3 Advisory brings value-added strategic advisory capability to the Group’s integrated global solutions offering, whilst also accelerating our commercial and operational scale in energy, water and transport in Australia, and more widely across the APAC region. We are delighted to welcome E3 Advisory to the Ricardo team”, said Graham Ritchie, Ricardo Group CEO.

 

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Investor and media relations

Ricardo Group plc

 

Natasha Perfect

investors@Ricardo Group.com

SEC Newgate

 

Elisabeth Cowell

Ian Silvera

Tel 020 757 6882

Ricardo Group@secnewgate.co.uk