MONTREAL, Dec. 19, 2011 /CNW Telbec/ - GENIVAR Inc. (TSX: GNV) ("GENIVAR" or the "Company") is pleased to announce that AE Consultants Ltd. ("AE Consultants"), a professional services firm specialized in architecture and engineering has joined the GENIVAR family. Located in St. John's, Newfoundland and Labrador, AE Consultants has 16 employees. As part of the transaction, the firm has sold its shares to GENIVAR's current partner in architecture, PBK Architects Inc., and will continue to operate under the name AE Consultants.
AE Consultants is a full service architecture and engineering firm with outstanding design and technical expertise which has been recognized with an honorable mention in the "City of Mount Pearl Urban Design Awards" for their design of the Eastern Edge Credit Union building (2010). The firm also received a nomination for an "Atlantic Canada Architectural Award" for its work at Memorial University's Ocean Sciences Centre at Logy Bay (2005). AE Consultants' broad range of work includes projects in residential, education, healthcare, recreation, cultural, retail and commercial buildings.
"We are very pleased to welcome AE Consultants within GENIVAR as it fits very well in our development strategy and enables us to establish a presence in both architecture and engineering in Newfoundland and Labrador," said Stephen Wallace, Senior Vice-President, Atlantic Canada of GENIVAR. "Through this alliance, we are delivering on our growth strategy of expanding across Canada, thus being a global player with a strong local presence as we now are established in all ten Canadian provinces," he added.
"GENIVAR is the perfect alliance for us. Our culture and values are completely aligned and our strong entrepreneurial spirit is matched by that of GENIVAR, enabling us to continue to offer practical and innovative solutions to our clients in the manner that they have come to expect," said Glenn D. Barnes, President of AE Consultants.
ABOUT AE CONSULTANTS LTD.
Established in 1970, AE Consultants is a full service architecture and
engineering firm specializing in prime consulting, architecture,
structural and civil/municipal engineering, sustainable green design
and project management. The firm's expertise, coupled with partnerships
with a broad range of specialists, resulted in project teams that offer
a unique array of services tailored to meet the specific needs of each
client.
ABOUT GENIVAR INC.
GENIVAR is a leading Canadian consulting services firm 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 and energy,
municipal infrastructure, transportation and environmental sectors.
GENIVAR is one of the largest engineering services companies in Canada
by number of employees, with more than 5,000 managers, professionals,
technicians, technologists and support staff in over 100 cities in
Canada and internationally.
www.genivar.com
Forward-Looking Statements
Certain information regarding GENIVAR contained herein may constitute 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.
Stephen Wallace
Senior Vice President, Atlantic Canada
GENIVAR Inc.
Tel: (902) 835-9955
[email protected]
Isabelle Adjahi
Director, Communications and Investor Relations
GENIVAR Inc.
Tel: (514) 340-0046, ext. 5648
[email protected]
Glenn D. Barnes, B.E.D.S, B. ARCH., MRAIC, MNLAA, MNSAA
President
AE Consultants Ltd.
Tel: (709) 726-1342
[email protected]
