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