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MONTREAL, June 7, 2012 /CNW Telbec/ -
| What: |
GENIVAR Inc. (TSX: GNV) is announcing a recommended cash offer to acquire all of the issued
and outstanding shares of WSP Group plc, a leading international
engineering services firm based in London, U.K. Pursuant to the Transaction, GENIVAR and WSP intend to combine their reputation, respective expertise and geographic reach to create a world-class engineering services firm with approximately 14,500 employees in over 30 countries, with a strong presence in Canada, Northern Europe (including mainly Sweden and Norway), the U.K. and the United States. |
| Who: |
Pierre Shoiry - President and Chief Executive Officer, GENIVAR Inc. Alexandre L'Heureux - Chief Financial Officer, GENIVAR Inc. Christopher Cole - Chief Executive, WSP Group plc |
| Where: |
1600 René-Lévesque Boulevard West - 9th Floor Montreal, QC H3H 1P9 |
| When: | Friday, June 8, 2012 at 10:00 a.m. (Montreal Time) |
ABOUT GENIVAR
GENIVAR is a leading Canadian professional consulting services firm
providing private and public-sector clients with a broad diversity of
services in planning, engineering, surveying, environmental sciences,
and projects and construction management, as well as architecture
through strategic alliances. The Corporation is a fee-for-service
professional consultants firm and it reports in one reportable segment,
which is commonly referred to as consulting services. GENIVAR is one of
the largest engineering services companies in Canada by number of
employees, with more than 5,500 managers, professionals, technicians,
technologists, and support staff in over 100 cities in Canada and
abroad.
www.genivar.com
and interview requests please contact:
Isabelle Adjahi
Director, Communications and Investor Relations
GENIVAR Inc.
Tel.: 514-340-0046, ext. 5648
Cell: 514-817-9842
isabelle.adjahi@genivar.com