Sydney-listed infrastructure consultancy Cardno has executed an agreement for the acquisition of Texas-based engineering firm Haynes Whaley Associates.

Following finalization of the agreement Cardno will pay up to USD$22.25 million (approx. AUD$23.6 million) for Houston-headquartered Haynes Whaley, which will in future operate under the combined title of Cardno Haynes Whaley under the aegis Cardno’s operations in the United States. Senior management in Haynes Whaley will become shareholders in…