SNC-Lavalin acquires Interfleet Technology
05 October 2011 - 12:00AM
PR Newswire (Canada)
MONTREAL, Oct. 4, 2011 /CNW Telbec/ - SNC-Lavalin is pleased to
announce that it has acquired Interfleet Technology, an
international rail technology consultancy group headquartered in
Derby, United Kingdom. Interfleet specializes in rolling stock,
railway systems, and strategic railway management and is well-known
for its detailed understanding of both national rail systems and
international best-practice. "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." Founded
in 1994 during UK rail privatization, Interfleet has grown during
the last 15 years from a single UK office of 90 employees to almost
600 staff in 22 locations. Interfleet serves public and private
clients around the world from its offices in United Kingdom,
Scandinavia, Central Europe, Australasia, India and North America.
"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 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 100(th) anniversary in 2011.
www.snclavalin.com. SNC-LAVALIN CONTACT: Media: Investors:Leslie
Quinton Denis JasminVice-President, Global Corporate
Vice-President, Investor RelationsCommunications SNC-Lavalin Group
Inc.SNC-Lavalin Group Inc. 514-393-8000, ext. 7553514-393-8000,
ext. 7354 denis.jasmin@snclavalin.comleslie.quinton@snclavalin.com
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