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GENIVAR Income Fund Acquires Doucet & Associes, a Telecommunications and Public Utilities consulting Firm
MONTREAL, May 5 /CNW Telbec/ - GENIVAR Income Fund (the Fund) announced the acquisition of Doucet...
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[{"type":"text","content":"\n\n\n\nMONTREAL, May 5 /CNW Telbec/ - GENIVAR Income Fund (the Fund) announced\nthe acquisition of Doucet & Associes Conseils (Quebec) ltee (Doucet &\nAssocies), an engineering-consulting firm specialising in telecommunications\nand utilities infrastructure.\n\n\nDoucet & Associes was founded in 1974 and has offices in Montreal and in\nQuebec City. The firm has 50 employees and has developed expertise in the\nfield of telecommunications including outside networks, integrated\ndistribution networks, switching and transmission, as well as public utilities\ninfrastructure, including telephony cable networks, cable television, and\nelectric power distribution, as well as IP telephony.\n\n\n"GENIVAR has a proven expertise in telecommunication tower design, and\nthis acquisition complements our services. Moreover, the know-how in public\nutility infrastructure which Doucet & Associes brings, particularly in the\narea of power distribution, will enhance GENIVAR's expertise in municipal\ninfrastructure projects. They also allow us to broaden our client base to\ninclude cable television, wireless telephony, and traditional telephone\ncompanies," said Pierre Shoiry, President and Chief Executive Officer of\nGENIVAR Income Fund.\n\n\n"Being part of the GENIVAR family will help us to develop and to position\nourselves to obtain large-scale projects, and gain access to a comprehensive\nrange of multidisciplinary services within one organisation," continued Mario\nGosselin, President of Doucet & Associes. "We are now in a position to better\nrespond to our clients' growing needs, and our employees will benefit from an\naccess to new and stimulating career opportunities across the GENIVAR\nnetwork," said Mr. Gosselin.\n\n\nDoucet & Associes established itself as the first telecommunications\nengineering-consulting firm over 30 years ago and has a solid client base,\nincluding Hydro-Quebec, Videotron, TELUS, Bell Canada, Bell Aliant, Telebec,\nand the Government of Quebec's General Directorate of Telecommunications\nNetworks.\n\n\nGENIVAR is a leading Canadian engineering services firm, providing public\nand private sector clients with a full range of professional consulting\nservices through all execution phases of a project, including planning,\ndesign, construction, and maintenance. Its ...