MONTREAL, Oct. 11, 2011 /CNW Telbec/ - GENIVAR Inc. (TSX: GNV) ("GENIVAR"), one of Canada's leading consulting services companies, announced today that it has acquired Le Groupe GIROUX ("GIROUX"), a Quebec-based geomatics and surveying firm. GIROUX has a workforce of 85 employees.
"GIROUX's expertise will enable us to building a solid platform in Quebec in the fields of both land and construction surveying, as well as in sea-bottom surveying, through their bathymetry expertise," said Eric Tremblay, GENIVAR's Vice-President, Eastern Quebec. "This expertise, which we already possess in other parts of Canada, will reinforce our range of client services in Quebec, thereby positioning us as a pan-Canadian player in this field," he added.
"We are very pleased to be joining the GENIVAR team. Their reputation and network will enable us to offer even more clients the expertise that we have developed over the 20 years we have been in operation. In addition, GENIVAR's values are a perfect match for our own, providing further confirmation that we have joined forces with a partner of choice," said company President Robert Giroux.
ABOUT GIROUX GROUP
Founded in 1991, GIROUX has carved itself a place of choice in the
Quebec market, specializing in surveying and various related
disciplines. The company is noted for its range of services and its
quality control-based effectiveness. GIROUX's expertise includes the
field of activities: land surveying; construction surveying, including
technical surveys carried out on various types of construction sites as
well as bathymetry and hydrometry, areas of expertise related to
aquatic environments. In less than 20 years, GIROUX has earned an
enviable reputation and standing across Quebec. Its employees include
some of the leading specialists in the field.
ABOUT GENIVAR
GENIVAR is a leading Canadian engineering services company providing
private and public-sector clients with a full range of professional
consulting services through all project phases, including planning,
design, construction and maintenance. Ranging in size, its clients
operate in various market segments, including the building, industrial,
power, municipal infrastructure, transportation and environmental
sectors. GENIVAR is one of the largest engineering services companies
in Canada by number of employees, with more than 4,700 managers,
professionals, technicians, technologists and support staff in over 100
cities in Canada and internationally.
www.genivar.com
Forward-looking statements
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forward-looking statements. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance
or other statements that are not statements of fact. Although GENIVAR
believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. These statements are
subject to certain risks and uncertainties and may be based on
assumptions that could cause actual results to differ materially from
those anticipated or implied in the forward-looking statements.
GENIVAR's forward-looking statements are expressly qualified in their
entirety by this cautionary statement.