Business
GENIVAR Income Fund Acquires Jagger Hims Limited an Ontario-Based Firm Specialized in Earth and Environmental Sciences
MONTREAL, May 20 /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, May 20 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is\npleased to announce the acquisition of Jagger Hims Limited ("Jagger Hims"), a\nfirm specializing in earth sciences and environmental engineering. Jagger Hims\nhas 90 employees in 7 offices in Ontario. GENIVAR's workforce in Ontario\nnumbers 700 employees.\n\n\n"We are very pleased that Jagger Hims has joined forces with the GENIVAR\nteam," said Pierre Shoiry, GENIVAR's President and CEO. "Jagger Hims\nsignificantly enhances our environmental and earth sciences capabilities. The\nfirm provides services in waste management, water resource management,\nindustrial minerals and aggregate resources, waste water management,\ngeo-environmental engineering, environmental property assessments and\nremediation, biosolids management and biology. Environmental services are a\nstrategic component of project development and execution. Thanks to our team\nof multidisciplinary experts, we are better positioned to support our clients\nand to move their projects forward in a context in which constantly changing\nenvironmental standards and permit regulations have become an integral part of\nthe business process," added Mr. Shoiry. "This acquisition also expands our\nOntario platform thanks to Jagger Hims strong local presence, with 7 offices\nin Ontario, including in Newmarket, St. Catharines, Windsor, Peterborough,\nCollingwood, Brantford and London. Jagger Hims has established a solid network\nby forging long-term client relationship, and that ties in well with GENIVAR's\nbusiness model," concluded Mr. Shoiry.\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 Jason Balsdon, President of Jagger Hims Limited. "Having been\ninvolved in numerous Ontario's environmental studies and projects, we can now\nexpand our business opportunities and carry out larger and more complex\nprojects thanks to GENIVAR's scale of operations, diversified skills base and\nfinancial resources. Another key factor in our decision was GENIVAR's\nentrepreneurial business model, which focuses on flexibility and close client\nrelations. Becoming an integral part of GENIVAR has given us a new sense of\nmomentum."\n...