Press Releases

  • Friday, December 12, 2008
    GENIVAR Income Fund Acquires Pomeroy Consulting Engineers, a British Columbia-Based Firm, and Further Strengthens its Building Group

    MONTREAL, Dec. 12 - The GENIVAR Income Fund ("GENIVAR") is pleased to announce the acquisition of Pomeroy Consulting Engineers Ltd. ("Pomeroy"), based in Vancouver, British Columbia.

    "I am very pleased to welcome Pomeroy into GENIVAR's team," said Pierre Shoiry, GENIVAR's President and CEO. "Pomeroy is one of BC's longest established structural engineering firms and provides full structural engineering design and consulting services. Pomeroy has a solid client base and is an important provider of engineering services to educational, healthcare and governmental clients throughout the Province," he added. "This acquisition represents another step forward in expanding our national platform in the building sector."

    "These are exciting times for GENIVAR. Indeed, we are on our way to becoming one of B.C.'s most prominent multidisciplinary engineering firms," said J. Rob Harmer, GENIVAR's Vice-President for Western Canada. "Over the past 43 years, Pomeroy has carried out a large number of significant buildings in British Columbia and has a reputation for innovation and the application of leading-edge technologies, including seismic retrofit. "With Pomeroy on board, GENIVAR strengthens its building engineering team in British Columbia which includes seasoned engineers specialized in structural, mechanical and electrical, as well as professionals who have in-depth knowledge in sustainable design and LEED certified buildings across Canada," he concluded.

    "We are very pleased to join forces with GENIVAR, in a move that gives us new momentum," said John Wallace, President of Pomeroy. "This development puts us in a better position to offer additional services to our client base. We can expand our business opportunities and carry out larger and more complex projects thanks to GENIVAR's size, capacity and vast pool of locally available multidisciplinary skills. We share the same core values, including a strong entrepreneurial culture and a regional focus," added Mr. Wallace. "We will continue providing responsive client services while creating opportunities for growth. We are excited about the future opportunities for our team as we continue to strive to meet our clients' growing needs," he concluded.

    About Pomeroy Consulting Engineers Ltd.

    Pomeroy Consulting Engineers Ltd. was founded in Vancouver in 1965 and is one of BC's longest established structural engineering companies. The firm has 25 employees and provides comprehensive structural engineering services from concept to commissioning. The firm has extensive experience and has developed economical and pragmatic solutions in seismic upgrades and structural design. Pomeroy has completed many projects in the healthcare, education, institutional, municipal, commercial and recreational sectors. Pomeroy's clientele includes School Districts, Health Authorities, City and Municipal governments, Architects, and private sector firms.

    About GENIVAR

    GENIVAR is a leading Canadian engineering company providing private and public-sector clients with a comprehensive range of consulting services through all project phases, from planning and design to construction and maintenance. Its clients operate in a wide range of market segments, including the building, industrial, power, municipal infrastructure, transportation and environmental sectors. GENIVAR is one of Canada's largest engineering services companies in terms of number of employees with more than 3,500 managers, professionals, technicians, technologists and support staff at more than 80 offices in Canada and abroad (www.genivar.com).

    Pierre Shoiry,
    President and Chief Executive Officer,
    GENIVAR Income Fund,
    (514) 340-0046, ext. 5104;
     
    Marlène Casciaro,
    Director of Communications,
    GENIVAR Income Fund,
    (514) 340-0046, ext. 5184;

    J. Rob Harmer, MBA,
    Vice-President,
    Western Canada,
    GENIVAR Income Fund,
    (604) 736-5421;

    John Wallace, P.Eng. Struct. Eng.,
    President,
    Pomeroy Consulting Engineers Ltd.,
    (604) 294-5800