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.[3]
| |
 Genivar office in Markham | |
| Company type | Public |
|---|---|
| TSX: GNV | |
| Industry | Engineering consulting Construction management |
| Predecessor | Groupe-Conseil Solivar Inc. |
| Founded | 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.[4][5]
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.[6][7][8]
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.[9] The rebrand followed a reorganisation to a holding structure that enabled the company to separate its regional operations into distinct subsidiaries.[10]
