Stantec completes acquisition of Quebec-based engineering consultancy Cegertec
Edmonton-based engineering consulting firm Stantec has acquired Chicoutimi-based engineering consultancy Cegertec. The deal is the latest in a strong streak of acquisitions for the growing global consultancy.
Global design and engineering consultancy Stantec has acquired engineering consultancy Cegertec, it was announced last month. Cegertec provides engineering consulting services to industrial, mining, energy, and government clients across North America. The 250-person firm is headquartered in Chicoutimi, with additional offices in Montreal, Quebec City, and a future location in Beauce’s St-Georges.
Edmonton-headquartered Stantec provides design and engineering consulting services to clients from over 400 offices worldwide. Founded in Edmonton in 1954, the firm has grown to employ over 22,000 people. The growing consultancy has been especially active in the mergers and acquisitions arena, having acquired over 75 firms since the turn of the millennium. Weeks prior to the acquisition of Cegertec, Stantec bought Calgary-based mining consultancy Norwest. Stantec also recently acquired British environmental risk consultancy ESI.
“The acquisition of Cegertec is a sign of our continuing commitment to grow our expertise and diversify our operations in the Quebec market,” remarked Isabelle Jodoin, Stantec’s senior vice president, Quebec. “Cegertec will expand our geographic presence throughout the province. The firm, which is recognized for its solid client relationships and technical excellence, greatly complements Stantec’s existing Quebec team, both with respect to markets and geographic presence.”
The acquisition of Cegertec will bolster Stantec’s engineering services capabilities in Quebec, while boosting its footprint in the province to 1,500 employees. The deal was finalized on May 25.
Commenting on the acquisition, Cegertec’s Vice President of Operations, Finance, and Administration Serge Savard said, “We are excited to join Stantec. We share a similar culture and complementary services and operations. We are also proud to soon be part of a strong, well-established team in Quebec, where we can bring our power, industrial, building and infrastructure expertise. We look forward to providing a wider range of services to our clients thanks to Stantec’s market diversity.”
In other Stantec news, the firm recently designed an office complex in Waterloo, ON that was awarded the first zero carbon certification by the Canada Green Council (CaGBC). The building – which will produce more energy than it consumes – is slated for completion this summer, and will be occupied by Big Four consultancy EY, among others.
