Dessau makes energy sector acquisition in Peru - Now has 1,000 employees in Latin America

MONTREAL, July 5, 2012 /CNW Telbec/ - Dessau Inc., one of Canada's largest engineering-construction firms, is continuing its Latin American expansion with the acquisition of SyZ Consultores Asociados S.A., an engineering firm specializing in energy based in Lima, Peru.

"This move makes Dessau the second-largest consulting engineering firm in Peru," said Jean-Pierre Sauriol, President and CEO of Dessau. "With the acquisition of SyZ Consultores Asociados S.A., an energy-sector leader that has been in business for more than 30 years, Dessau now has an expert contingent of more than 1,000 employees in Latin America."

"Joining the Dessau team will enable us to expand our areas of expertise and offer our customers a full range of engineering services," said SyZ Consultores Asociados S.A. founders Juan Solidoro Cuellar and Miguel Suazo Giovannini.

Dessau made its first foray into Latin America in 1995 when it entered the energy sector in Peru. Over the past year, Dessau has made three major acquisitions in Latin America: CEI in Colombia, MG Ingenieros S.A. in Chile and now SyZ Consultores Asociados S.A. in Peru. Dessau supports economic growth in the countries where it does business by investing in qualified local human resources and meeting those countries' infrastructure needs.

About SyZ Consultores Asociados S.A.
SyZ Consultores Asociados S.A., an engineering firm founded in 1978, is a leader in the energy sector. It specializes in designing hydroelectric and thermal generating stations and power transmission and distribution lines, and in site supervision. SyZ Consultores Asociados S.A. has 200 employees. It works on numerous projects in South America.

About Dessau
Founded in 1957, Dessau is the sixth-largest engineering-construction firm in Canada and one of the top 60 in the world. With expertise in a wide range of fields related to engineering and construction, Dessau plans, designs, builds and manages infrastructure for clients in the private and public sectors. Dessau employs 5,000 people and posts annual revenues of $750 million. Dessau maintains permanent offices in Algeria, Chile, Colombia, Costa Rica, Dominican Republic, Peru and Trinidad and Tobago.


For further information:

Jessie-Kim Malo
External Communications Advisor
Dessau Inc.
Tel.: (514) 281-1033, ext. 2032

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