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
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