| Type | Public (TSX: SNC) |
|---|---|
| Industry | Engineering Services |
| Founded | 1911 |
| Headquarters | Montreal, Quebec, Canada |
| Key people | Gwyn Morgan (Chairman) Pierre Duhaime (President & CEO) |
| Products | Engineering Services, Project Management, Construction, Construction Management, and Procurement |
| Revenue | C$6.101 billion (2009)[1] |
| Net income | C$359.4 million (2009)[1] |
| Employees | 21,948 (as of December 31, 2009)[1] |
| Website | www.snclavalin.com |
SNC-Lavalin Group Inc. (TSX: SNC) is a large Canadian engineering firm. It is one of the ten largest engineering firms in the world and is based in Montreal, Quebec. It formed in 1991 from the merger of Surveyer, Nenniger & Chenevert Consulting Engineers (SNC) and the failing Lavalin, another Quebec based engineering firm.
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Surveyer, Nenniger & Chenevert Consulting Engineers (SNC) was established by Swiss-born Arthur Surveyer in 1911 in Montreal. Surveyer’s private practice at first specialized in hydraulics (rivers, hydropower projects and flood control), but soon branched out into the industrial sector (particularly pulp and paper and mining and metallurgy).
Surveyer formed a first 10-year partnership with Emil Nenniger and Georges Chênevert in 1936. A second partnership agreement was signed in 1946, and the firm’s name was changed to Surveyer, Nenniger and Chênevert. The name would eventually be abbreviated to SNC.
Lavalin was formed in 1936 by engineers Jean-Paul Lalonde and Romeo Valois. Bernard Lamarre was named President and CEO in 1962, and led the company for the next 29 years. During that time Lavalin grew to become SNC’s main rival in Canada. Lavalin also branched out in other industries, such as cable television—Canada's The Weather Network and MétéoMédia were founded by Lavalin in 1988; Lavalin's shares would be sold to Pelmorex in 1993. In 1991, SNC merged with Lavalin to become SNC-Lavalin.
In June 2011, SNC-Lavalin agreed to purchase the reactor division of Atomic Energy of Canada Limited (AECL) from the Canadian Government for C$15 million.[2]
The company has interests in transportation, construction, hydroelectricity, mining and metallurgy, oil and gas, chemical engineering, petroleum engineering, aerospace engineering, defense, nuclear, environment, agriculture, pharmaceuticals and telecommunications.