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SNC-Lavalin acquires Interfleet Technology
Interfleet Technology is pleased to announce it has been acquired by SNC-Lavalin (TSX: SNC) 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.
“Interfleet’s specialized expertise, complementary geographic presence and reputation for innovation are a strong addition to SNC-Lavalin’s service offering, particularly given the great growth potential in the rail sector worldwide,” said Jim Burke, Executive Vice President, SNC-Lavalin Group, “This acquisition, combined with our existing expertise in major rail projects, supports our long-term strategic plan for growth in this sector. We are pleased to welcome Interfleet to the team.”
“The acquisition represents the best way to assure the future growth and development of the company,” said David Rollin, Managing Director, Interfleet Technology, “Interfleet and SNC-Lavalin have a complementary geographical reach and our company cultures and respective strategic plans are aligned. Together we will be able to provide an even wider range of resources, capabilities and services to our clients in future”.
SNC-Lavalin is 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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