SNC-LAVALIN ACQUIRES AQUA DATA
June 02 2011 - 9:09AM
PR Newswire (Canada)
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
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align="left" Media /td td align="left" /td td align="left"
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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
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