SNC-LAVALIN ACQUIRES ENGINEERING FIRM IN QUEBEC

MONTREAL, May 6, 2011 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce the acquisition of Groupe Stavibel, a multidisciplinary consulting engineering firm based in Abitibi-Témiscamingue, Quebec.

Groupe Stavibel provides engineering consulting expertise in numerous fields of activity in the buildings, infrastructure, transport, mining, and environment sectors. The firm has approximately 300 permanent employees working in several offices throughout Abitibi-Témiscamingue and in the Greater Montreal area.

"Groupe Stavibel expands and reinforces our local presence in Abitibi-Témiscamingue, where there has been a resurgence of activity in the infrastructure and mining sectors," said Riadh Ben Aïssa, Executive Vice-President, SNC-Lavalin Group Inc. "The synergies between our two companies will broaden our expertise and widen the range of services we offer to clients in this region, as well as in Quebec's Far North, and further build on our good relations with the native communities."

"We are excited about the greater possibilities that this transaction will open up, especially for our existing clients in Abitibi-Témiscamingue whom we have been serving for over 50 years," said Gilles Marcotte, President, Groupe Stavibel. "SNC-Lavalin's wide scope of expertise will round out our service offering and solidify our existing operations to make our whole team an even stronger force for economic development in the region."

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 100th anniversary in 2011.  www.snclavalin.com

SOURCE SNC-LAVALIN

For further information:

Media Investors
Leslie Quinton
Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc.
514-393-8000, ext. 7354
leslie.quinton@snclavalin.com
Denis Jasmin
Vice-President, Investor Relations
SNC-Lavalin Group Inc.
514-393-8000, ext. 7553
denis.jasmin@snclavalin.com

 

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