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Wikipedia

Genivar

Genivar

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. On August 29, 2011, Genivar Inc. and Montreal-based architectural firm Arcop announced a strategic alliance. 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. 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. The rebrand followed a reorganisation to a holding structure that enabled the company to separate its regional operations into distinct subsidiaries.

References

Van Praet, Nicolas (17 April 2013). "Genivar rebranding as WSP Global amid Quebec corruption scandal". Financial Post. Retrieved 1 November 2019.

External links GENIVAR

Tags

  • Canadian companies established in 1959
  • Canadian company stubs
  • Companies based in Montreal
  • Construction and civil engineering companies established in 1959
  • Construction and civil engineering companies of Canada
  • Engineering consulting firms of Canada
  • Engineering stubs
  • Montreal stubs