MONTREAL, July 29, 2008 /CNW Telbec/ - SNC-Lavalin is pleased to announce that its subsidiary, Groupe Qualitas, has acquired Laboratoire Sol et Beton L.S.B., a firm specialized in material and geotechnical engineering, based in Quebec City since 1973.
With some 50 employees, Laboratoire Sol et Beton L.S.B. has just joined the ranks of SNC-Lavalin's Materials and Geotechnical Engineering Division, which now employs over 600 people in Quebec.
This acquisition enables SNC-Lavalin, already a major player in engineering in the Quebec City region, to expand the range of services it provides to its clients.
"The acquisition of Laboratoire Sol et Beton L.S.B. is a further step in our development strategy in Quebec," said Charles Malenfant, Senior Vice-President and General Manager of SNC-Lavalin's Materials and Geotechnical Engineering Division and President of Groupe Qualitas. "We are expanding our resources by including the skills of specialized professionals and technologists who enjoy an excellent reputation not only in Quebec City, but also throughout the region."
"We are proud to be joining SNC-Lavalin and Groupe Qualitas, an undisputed leader in our areas of activity," said Ronald Blackburn, President of Laboratoire Sol et Beton L.S.B. "We believe that this new direction will offer us new business opportunities and enable us to grow and provide a broader range of services for our clients. We are also assured that this transaction will be highly advantageous for all our staff."
SNC-Lavalin (TSX: SNC) is one of the largest engineering and construction groups in the world as well as a major player in infrastructure ownership and operations and maintenance services. The SNC-Lavalin companies have offices across Canada and in over 35 other countries, and currently have operations in about 100 countries. www.snclavalin.com