Stantec, a Canadian-headquartered international engineering and consultancy group, recently acquired acquired the Quebec-based consultancy Cegertec for an undisclosed amount. It comes within weeks of Stantec announcing the acquisitions of Calgary-based mining consultancy Norwest and UK specialist hydrogeological consultancy ESI.
Chicoutimi, Quebec
This latest target is a 250-person company providing engineering services to industrial, aluminium, mining, power and government clients across Canada and the United States. The firm operates from its headquarters in Chicoutimi but also boasts offices in Quebec City and Montreal with another due to open at St Georges in coming months.
In a press release, Stantec’s senior vice president for Quebec Isabelle Jodoin stated: “The acquisition of Cegertec is a sign of our continuing commitment to grow our expertise and diversify our operations in the Quebec market. Our clients will now have access to a larger, comprehensive pool of resources, and a wide array of expertise and services under one banner, thanks to a combined team of 1,500 employees in Quebec.”
The acquisition is expected to close on the 25 May 2018.
Cegertec had previously explored partnership opportunities with other consultancies with its Saguenéenne engineering unit tied to WorleyParsons in a joint venture formed in 2012 to target mining, metals and oil and gas sectors. However, Cegertec bought out WorleyParsons’ stake in the JV last year returning decision making to its own management board.
