Business
GENIVAR Income Fund Acquires Pomeroy Consulting Engineers, a British Columbia-Based Firm, and Further Strengthens its Building Group
MONTREAL, Dec. 12 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is pleased to announce the a...
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[{"type":"text","content":"\n\n\n\nMONTREAL, Dec. 12 /CNW Telbec/ - The GENIVAR Income Fund ("GENIVAR") is\npleased to announce the acquisition of Pomeroy Consulting Engineers Ltd.\n("Pomeroy"), based in Vancouver, British Columbia.\n\n\n"I am very pleased to welcome Pomeroy into GENIVAR's team," said Pierre\nShoiry, GENIVAR's President and CEO. "Pomeroy is one of BC's longest\nestablished structural engineering firms and provides full structural\nengineering design and consulting services. Pomeroy has a solid client base\nand is an important provider of engineering services to educational,\nhealthcare and governmental clients throughout the Province," he added. "This\nacquisition represents another step forward in expanding our national platform\nin the building sector."\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. "Over the\npast 43 years, Pomeroy has carried out a large number of significant buildings\nin British Columbia and has a reputation for innovation and the application of\nleading-edge technologies, including seismic retrofit. "With Pomeroy on board,\nGENIVAR strengthens its building engineering team in British Columbia which\nincludes seasoned engineers specialized in structural, mechanical and\nelectrical, as well as professionals who have in-depth knowledge in\nsustainable design and LEED certified buildings across Canada," he concluded.\n\n\n"We are very pleased to join forces with GENIVAR, in a move that gives us\nnew momentum," said John Wallace, President of Pomeroy. "This development puts\nus in a better position to offer additional services to our client base. We\ncan expand our business opportunities and carry out larger and more complex\nprojects thanks to GENIVAR's size, capacity and vast pool of locally available\nmultidisciplinary skills. We share the same core values, including a strong\nentrepreneurial culture and a regional focus," added Mr. Wallace. "We will\ncontinue providing responsive client services while creating opportunities for\ngrowth. We are excited about the future opportunities for our team as we\ncontinue to strive to meet our clients' growing nee...