Business
GENIVAR Income Fund Acquires Peterson Galloway, a British Columbia-Based Firm, and Further Strengthens its Building Group
MONTREAL, June 26 /CNW Telbec/ - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acq...
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[{"type":"text","content":"\n\n\n\nMONTREAL, June 26 /CNW Telbec/ - The GENIVAR Income Fund (GENIVAR) is\npleased to announce the acquisition of Peterson Galloway Ltd. (Peterson\nGalloway), based in Victoria, British Columbia.\n\n\n"I am very pleased to welcome Peterson Galloway into GENIVAR's team,"\nsaid Pierre Shoiry, GENIVAR's President and CEO. "Peterson Galloway provides\ncomprehensive structural engineering design and consulting services and has\ndeveloped cutting-edge solutions in the areas of green buildings and seismic\ndesign. The firm also complements our British Columbia building engineering\nteam. It has a solid client base and is an important provider of engineering\nservices to educational, institutional, governmental and commercial clients\nthroughout the province," he added. "This acquisition represents another step\nforward in expanding our national platform in the building sector, including\nour green building centre of excellence. Moreover, it enhances our operations\non Vancouver Island."\n\n\n"These are exciting times for GENIVAR. Indeed, we are on our way to\nbecoming one of B.C.'s most prominent multidisciplinary engineering firms,"\nsaid J. Rob Harmer, GENIVAR's Vice-President for Western Canada. "Peterson\nGalloway is committed to environmentally sensitive and sustainable engineering\nprojects and is continuously advancing its structural designs," he added.\n"Over the past 25 years, Peterson Galloway has completed a large number of\nsignificant buildings in British Columbia and has a reputation for innovation\nand the application of leading-edge technologies. The firm has been a leader\nin sustainable design practices and has completed numerous LEED Gold projects,\nincluding the Vancouver Island Technology Park - the first project in Canada\nto be certified LEED Gold by the U.S. Green Building Council," concluded\nMr. Harmer.\n\n\n"We are very pleased to be joining one of Canada's most dynamic\nengineering consulting companies," said Chris Peterson, Peterson Galloway's\nPresident. "This move puts us in a better position to offer additional\nservices to our client base. It gives us access to extensive financial\nresources together with an impressive network of professionals across Canada.\nGENIVAR's business approach, which promotes the establishment of sp...