Business
GENIVAR Income Fund Acquires Bullock Baur, a British Columbia Municipal Infrastructure Firm
MONTREAL, June 9 /CNW Telbec/ - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acqu...
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[{"type":"text","content":"\n\n\n\nMONTREAL, June 9 /CNW Telbec/ - The GENIVAR Income Fund (GENIVAR) is\npleased to announce the acquisition of Bullock Baur Associates Ltd., ("Bullock\nBaur"), a British Columbia-based firm specialising in civil and municipal\nengineering services.\n\n\n"I am very pleased to welcome Bullock Baur onto GENIVAR's team," said\nPierre Shoiry, President and CEO of GENIVAR. "The acquisition of Bullock Baur\nexpands our expertise in the municipal infrastructure market in British\nColumbia. This firm is known for its excellent services and, has a solid\nclient base throughout Vancouver Island," said Pierre Shoiry, President and\nCEO of GENIVAR.\n\n\nBullock Baur was founded in 1974 and currently has 23 employees at its\noffice in Victoria. With a primary focus on serving municipalities, First\nNations, private developers as well as federal and provincial clients in\nBritish Columbia, Bullock Baur serves major clients which include: City of\nVictoria, District of Saanich, City of Colwood, Capital Regional District,\nDefence Construction Canada, Snuneymuxw Nation, Olympic View Developments, BC\nHydro, First Nations' Emergency Services, Penelakut Tribe and TimberWest.\n\n\n"This acquisition is strategic in British Columbia where GENIVAR now has\na multidisciplinary team of some 100 employees," said J. Rob Harmer, Vice\nPresident for Western Canada. "We plan to continue to grow our team through\nstrategic acquisitions and dynamic organic growth," added Mr. Harmer.\n\n\n"For Bullock Baur, joining GENIVAR gives us new momentum as it takes us\nto the next level of our development," commented Tony Baur, President of\nBullock Baur. "It enables us to work on more significant and complex projects.\nThis will also allow us to attract other firms and additional personnel to\nGENIVAR. GENIVAR's entrepreneurial culture, its decentralised business model\nwhich emphasizes a local approach, the magnitude and dynamism of the firm,\nand, access to its Canadian network built a strong business case for the\nmerger," explained Mr. Baur. "Working together, we foresee tremendous\nopportunities for developing our team and clientele," he added.\n\n\nAbout GENIVAR\n\n\nGENIVAR is a leading Canadian Engineering Services firm providing private\nand public sector clients with a compr...