CALGARY, April 23, 2012 /CNW/ - VEPICA CANADA, a subsidiary of VEPICA GRUPO INTERNACIONAL a multinational engineering and construction company, recently has entered into a partnership agreement with a Canadian Engineering firm, Excelsior Engineering Ltd. Under the agreement VEPICA has purchased a controlling position of Excelsior and will immediately join efforts with the current management to begin sharing experience and expertise to provide technology and knowledge transfer and expand the company's portfolio of services, clients and project type. The company will continue operating in western Canada as Excelsior Engineering Ltd at its current headquarters in Calgary, Alberta.
Miguel Bocco Jr., Chairman of the Board of VEPICA GRUPO INTERNACIONAL said, " This is a fantastic opportunity for both to undertake new projects both in Canada and around the world. Vepica brings to Excelsior a massive amount of Oil and Gas expertise as well as power generation and infrastructure experience and Excelsior comes in with an impressive experience and reputation in the execution of upstream projects in Canada."
"Vepica is just the relationship Excelsior has been looking for to bridge the gap between its strength in streamlined project execution and the ability to transition into a broader base of opportunities for continued professional growth and development. We couldn't be more excited for the future with Vepica as a mentoring and growth partner" said Daniel Clarke, President of Excelsior .
VEPICA is a multinational Engineering and Construction Company with over 1,000 employees and experience in four continents. Currently Vepica has offices in Venezuela, Colombia, Argentina, United States and Canada. www.vepica.com
Excelsior Engineering is an 10 year Engineering, Procurement, and construction Management, firm based in Calgary Alberta Canada with almost 100 personnel with and a proven track record to design, procure and supervise the construction of production facilities in the Canadian and international markets. www.excelsioreng.com
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