Genivar
Canadian engineering consulting firm / From Wikipedia, the free encyclopedia
Genivar Inc. was a Canadian engineering consulting firm. As of January 1, 2014, it became WSP Global. Its head office remains located at 1600 René Lévesque Boulevard West in Montreal, Quebec.
Company type | Public |
---|---|
TSX: GNV | |
Industry | Engineering consulting Construction management |
Predecessor | Groupe-Conseil Solivar Inc. |
Founded | 1959; 65 years ago (1959) |
Fate | Reorganized after acquiring WSP Group plc. |
Successor | WSP Global Inc. |
Headquarters | , |
Key people | Pierre Shoiry (CEO) Richard Bélanger (Chairman) |
Revenue | C$651.9 million |
C$63.3 million | |
C$50.1 million | |
Total assets | C$726 million |
Total equity | C$501.4 million |
Number of employees | 15,000 |
Website | genivar |
Footnotes / references [1][2] |
On August 29, 2011, Genivar Inc. and Montreal-based architectural firm Arcop announced a strategic alliance.[3]
On June 7, 2012, Genivar Inc. announced that it made a friendly takeover cash offer of C$442 million (£278 million) for WSP Group PLC. The offer is backed by WSP's board of directors as well as investors holding 37% of the company's shares. The deal closed on August 1, 2012.[4][5][6]
In 2013, the company announced it will be changing its name to WSP Global, reflecting a $442-million purchase of the British-based WSP Group PLC.[7] The rebrand followed a reorganisation to a holding structure that enabled the company to separate its regional operations into distinct subsidiaries.[8]