Genivar

Genivar Inc.
Public
Traded as TSX: GNV
Industry Engineering consulting
Construction management
Fate Reorganized after acquiring WSP Group plc.
Predecessor Groupe-Conseil Solivar Inc.
Successor WSP Global Inc.
Founded 1959 (1959)
Headquarters Montreal, Quebec, Canada
Key people
 Pierre Shoiry (CEO)
Richard Bélanger (Chairman)
Revenue C$651.9 million
C$63.3 million
C$50.1 million
Total assets C$726 million
Total equity C$501.4 million
Number of employees
 15,000
Website genivar.com
Footnotes / references
[1][2]

Genivar Inc. was a Canadian engineering consulting firm. As of January 1, 2014, it became WSP Global. Its head office remains located at 1600 René Lévesque Boulevard West in Montreal, Quebec.

On August 29, 2011, Genivar Inc. and Montreal-based architectural firm Arcop announced a strategic alliance.[3]

On June 7, 2012, Genivar Inc. announced that it made a friendly takeover cash offer of C$442 million (£278 million) for WSP Group PLC. The offer is backed by WSP's board of directors as well as investors holding 37% of the company's shares. The deal closed on August 1, 2012.[4][5][6]

References

  1. ↑ "Profile". About Us. Retrieved 9 June 2012.
  2. ↑ "Consolidated Financial Statements - 2011" (PDF). Genivar. 2012-04-30. Retrieved 9 June 2012.
  3. ↑ "GENIVAR and the ARCOP Group establish a strategic alliance". Press release. 29 August 2011. Retrieved 21 August 2012.
  4. ↑ Van Praet, Nicolas (2012-06-07). "Genivar bids for WSP Group as Quebec firms continue Europe takeover binge". Financial Post. Retrieved 9 June 2012.
  5. ↑ "Genivar's $442 million WSP Group PLC takeover, no job cuts". The Gazette. Retrieved 9 June 2012.
  6. ↑ "GENIVAR and WSP Group join forces to become a global professional services firm with world-class expertise". GENIVAR Inc. (GNV). TMX Group. 2012-06-07. Retrieved 9 June 2012.
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