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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 |
MONTREAL, June 5, 2012 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has acquired DBA Engineering, an Ontario-based engineering firm specializing in materials and pavement engineering, and geotechnical and geo-environmental studies.
Founded in 1991, DBA Engineering has grown steadily by adopting and developing value-added technologies and maintaining a client-focused approach. Today, DBA has approximately 100 employees at offices in Toronto, Kingston, Cambridge and Trenton, and provides services to both public and private sector clients.
"The expertise of DBA Engineering in materials and geotechnical engineering will reinforce the market footprint and technical capabilities of SNC-Lavalin by integrating with our subsidiary, Groupe Qualitas," said Charles Chebl, Executive Vice-President, SNC-Lavalin Group Inc. "DBA will also provide an additional source of expertise and enhance our service offering for major projects that we are carrying out or are targeting across Ontario."
"SNC-Lavalin and DBA share the same philosophy in terms of client satisfaction, technical advancement, cooperation and trustworthiness," said Param Dhillon, President, DBA Engineering. "We are delighted with this union because it provides our company with a platform to grow technically and geographically in Ontario, and gives our exceptional employees a chance to advance professionally and personally."
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 40 other countries around the world, and is currently working in some 100 countries. www.snclavalin.com.
SOURCE SNC-LAVALIN
Copyright 2012 Canada NewsWire
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