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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
SNC Lavalin Group Inc TSX:SNC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.49 43.31 43.57 0 01:00:00

SNC-LAVALIN ACQUIRES AQUA DATA

02/06/2011 2:09pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, June 2, 2011 /CNW/ -- MONTREAL, June 2, 2011 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce the acquisition of Aqua Data, a company of about 100 employees specializing in the computerized diagnosis and analysis of water distribution systems and wastewater collection systems for municipal, commercial and industrial clients. Formerly a subsidiary of Gaz Métro, Aqua Data has clients in Quebec, Ontario, the Maritimes and the United States. Its head office is in Pincourt, Quebec, near Montreal. "Municipalities across North America are concerned about asset management and investing in the renewal of their ageing water infrastructure and Aqua Data has the expertise to help us respond directly to these challenges," said Riadh Ben Aïssa, Executive Vice-President, SNC-Lavalin Group Inc. "This acquisition, combined with our existing expertise in urban engineering and construction, pavement management and engineering, and the environment, will broaden our service offering and allow us to provide even more complete and strategic solutions to our clients in this sector." Founded in 1987, Aqua Data has unique expertise in diagnosing the condition of water distribution and wastewater collection systems, hydraulic modelling, unidirectional flushing programs and in the collection and structuring of data. Aqua Data has renowned capabilities and state-of-the-art tools for studying water and waste water infrastructure, and for helping clients manage their infrastructure, plan the maintenance and renewal of operations and optimize their investments. "This is a win-win situation for both our companies," said Francis Lebuis, President of Aqua Data. "Our specialized expertise, proprietary equipment and computerized tools bring added value to SNC-Lavalin's service offering, and Aqua Data will benefit from SNC-Lavalin's global presence in the infrastructure and water sectors." SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. In business since 1911, the Company celebrates its 100(th) anniversary in 2011. www.snclavalin.com. To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/June2011/02/c2052.html table cellspacing="0" valign="top" border="0" tr valign="top" td align="left" Media /td td align="left"   /td td align="left" Investors /td /tr tr valign="top" td align="left" nowrap="nowrap" Leslie Quintonbr/ Vice-President, Global Corporate Communicationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7354br/ a href="mailto:leslie.quinton@snclavalin.com"uleslie.quinton@snclavalin.com/u/a /td td align="left"   /td td align="left" nowrap="nowrap" Denis Jasmin Vice-President, Investor Relationsbr/ SNC-Lavalin Group Inc.br/ 514-393-8000, ext. 7553br/ a href="mailto:denis.jasmin@snclavalin.com"udenis.jasmin@snclavalin.com/u/a /td /tr /table

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