SNC-LAVALIN ACQUIRES MDH ENGINEERED SOLUTIONS
Montreal | July 5, 2011
SNC-Lavalin (TSX: SNC) is pleased to announce that it has reinforced its environmental expertise with the acquisition of MDH Engineered Solutions, an engineering consulting & research firm based in Saskatoon, Saskatchewan.
In business since 1980, MDH Engineered Solutions provides geo-environmental, geotechnical, hydrogeological and environmental engineering consulting services to the mining, oil & gas, transportation, utility and government sectors. The firm has approximately 175 permanent employees working in offices in Saskatoon, Regina, Prince Albert and Esterhazy, Saskatchewan, and in Edmonton and Fort McMurray, Alberta.
"MDH Engineered Solutions expands our offering into the Saskatchewan mining and oil & gas sectors and adds key resources that will help us achieve our strategic objectives" said Jim Burke, Executive Vice-President, SNC-Lavalin Group Inc.
"The synergies between our two companies will support our goal to supply a wide
scope of environmental services to both external and internal clients. We are
very impressed with the high calibre of expertise at MDH and are pleased to
welcome them to the team."
"We are excited about the greater possibilities that this transaction will open up, especially for our existing clients in the mining, oil & gas, and infrastructure markets, whom we have been serving for over 30 years," said Dr. Moir Haug, Founder and President, MDH Engineered Solutions.
"Joining SNC-Lavalin will solidify our existing operations to make our whole
team an even stronger force as we intensify our efforts to expand geographically
into BC, northern Canada, and internationally."
SNC-Lavalin is 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. 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.
Director, External Communications
Vice-President, Investor Relations
SNC-Lavalin Group Inc.