Business
GENIVAR Income Fund acquires an Ontario-based transportation firm
MONTREAL, Feb. 9 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is pleased to announce the ac...
About this update from Wsp Global Inc
[{"type":"text","content":"\n\n\n\nMONTREAL, Feb. 9 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is\npleased to announce the acquisition of ENTRA Consultants Inc. ("ENTRA"), an\nOntario-based transportation planning firm with approximately 20 employees.\n\n\n"By acquiring ENTRA, a firm specializing in transportation planning,\ntransit planning and traffic engineering, we have complemented our existing\nrange of services and strengthened our team in this sector," said Pierre\nShoiry, GENIVAR's President and CEO. "Our company is recognized as a key\nplayer in the transportation field, providing planning, design and project\ndelivery services. Given the need for transportation infrastructure\ndevelopment and improvements across Canada, we are strategically positioned to\ntake part in a wide range of emerging projects."\n\n\nENTRA Consultants was founded in 1990 and is headquartered in Toronto.\nThe firm's clients include transportation agencies, municipalities and\nprovincial governments across the country and prominent private sector\ndevelopers, primarily located in Ontario.\n\n\n"ENTRA's decision to merge with GENIVAR will build on our momentum and\ntake us to a new level in our development," said Angela Iannuzziello, P.Eng.,\nENTRA's President. "The scope of GENIVAR's operations and its critical\ntransportation mass will allow us to deliver more comprehensive transit and\ntransportation projects. By joining forces with GENIVAR, our clients will\ncontinue to benefit from the personal attention of our staff and experience\nthe benefits of the expanded personnel and expertise resource of GENIVAR. We\nwill be better equipped to develop new transportation client relationships and\nattract new professionals to take advantage of the many opportunities of the\nfuture."\n\n\nAbout GENIVAR\n\n\nGENIVAR is a leading Canadian engineering services firm providing private\nand public-sector clients with a complete range of professional consulting\nservices throughout all project phases, including planning, design,\nconstruction and maintenance. Ranging in size and scope, GENIVAR's clients\nprimarily operate in the building, industrial, power, municipal\ninfrastructure, transportation and environmental sectors. GENIVAR is one of\nCanada's largest consulting engineering services firms by number of employee...