On November 24, Stantec announced they have offered to acquire Jacques Whitford. The transaction is expected to be completed in January 2009, subject to satisfactory due diligence, regulatory approvals, and Jacques Whitford shareholder approval.
“Jacques Whitford is a leading provider of environmental management, remediation, and geotechnical engineering services and their addition will significantly strengthen our core capabilities in our Environment practice,” says Tony Franceschini, Stantec President & CEO. “Jacques Whitford provides several strategic advantages including: doubling our geographic presence in Atlantic Canada; expanding and enhancing our geotechnical engineering capabilities; creating a significant presence in Canada’s Arctic and Alberta for resource development environmental and geoscience assessments; expanding our capabilities to support the mining sector; and expanding our capabilities in air quality services. Most importantly, we have similar cultures and shared values including our focus on sustainable development.”
Jacques Whitfordis an environmental consulting services firm with more than 1,700 employees and 40 offices throughout the US and Canada. Services they provide include: environmental sciences, environmental site assessment and remediation, and geotechnical materials to the energy & resource, government, and real estate, finance & insurance market sectors.
Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects.
Filed under: Announcements, Architecture, Civil Engineering, Green/Sustainable, Landscape Architecture, Mergers & Aquisitions, Reprints, Stormwater Engineering, Structural Engineering, Transportation Engineering, Water/Wastewater
