EDMONTON, Oct. 8 /CNW Telbec/ - ABB, the leading power and automation technology group, has announced it has acquired the assets of Sinai Engineering Corporation, to enhance its presence and capabilities in Western Canada.
ABB did not disclose the value of the transaction.
Sinai Engineering has been providing engineering services in the areas of generation, transmission, and distribution of electric power since 1980. Its offerings include High Voltage substations and transmission line design, generation and transmission system planning and analytical studies, as well as procurement and construction management.
"This acquisition is aligned with our strategy to strengthen our footprint in Western Canada, particularly in providing engineering services to oil and gas and utility customers," said Sandy Taylor, President and CEO of ABB Inc.. "Sinai Engineering's expertise and customer focus will help our customers boost productivity and energy efficiencies while reducing costs."
Mak Hakim, President of Sinai Engineering, added: "We are excited about joining a global engineering group renowned for its advancements in technology and innovation and commitment to sustainability. Our employees are looking forward to accessing ABB's global resources to enhance the value and expand the scope of services we provide to our existing customers."
Sinai Engineering is a consulting firm whose customers include electric utilities, conventional and heavy oil, gas processing, pulp and paper, mining, pipeline operators, and, independent power producers. It employs about 30 employees.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people. In Canada, ABB employs about 2,300 people in 40 locations from coast to coast.
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SOURCE ABB Inc.
For further information: For further information: Sandy Taylor, ABB Inc., Office: (403) 225-5511, Cell: (403) 650-4690, firstname.lastname@example.org