Business
GENIVAR Income Fund Acquires DDH Environnement Ltee
MONTREAL, Dec. 5 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is pleased to announce the ac...
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[{"type":"text","content":"\n\n\n\nMONTREAL, Dec. 5 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is\npleased to announce the acquisition of DDH Environnement Ltee ("DDH\nEnvironnement"), a firm specializing in earth sciences and environmental\nengineering. DDH has 30 employees at its Montreal office.\n\n\n"We are very pleased to welcome DDH Environnement into GENIVAR's team,"\nsaid Pierre Shoiry, GENIVAR's President and CEO. "The environment is a\nstrategic sector for GENIVAR in the development and delivery of projects in\nall of our market segments. Thanks to our multidisciplinary team of experts\nand scientists, we are among the leading companies in the environmental\nsector. We are now better positioned to support our clients and to move their\nprojects forward in a context in which constantly changing environmental\nstandards and permit regulations have become an integral part of the business\nprocess," added Mr. Shoiry.\n\n\n"DDH Environnement provides us with solid and complementary expertise,\nmost notably in the areas of environmental management, as well as in\ncharacterization and rehabilitation of contaminated industrial sites. GENIVAR\nwill now be able to offer an expanded range of services, including emergency\nplanning and industrial risk services," said Jean Boudreault, GENIVAR's\nVice-President, Environment. "DDH Environnement also significantly expands our\nprivate-sector client base."\n\n\n"We are very pleased to join forces with GENIVAR, primarily since the\nenvironmental sector plays a strategic role in all of the company's market\nsegments," said Jean Halde, President of DDH Environnement. "Another key\nfactor in our decision was GENIVAR's entrepreneurial business model, which\nfocuses on flexibility and close client relations. Becoming an integral part\nof GENIVAR has given us a new sense of momentum. We will also be able to work\non larger and more complex projects thanks to GENIVAR's scope of operations,\nmultidisciplinary pool of skilled professionals and financial capacity."\n\n\n"Our teams share the same core values of service quality and\nprofessionalism. This is a win-win situation for our employees as well as for\nour clients," added Mr. Halde. "We will also be able to meet the growing needs\nof our clients, while our employees...