Press Releases

  • Monday, June 9, 2008
    GENIVAR Income Fund Acquires Bullock Baur, a British Columbia Municipal Infrastructure Firm

    MONTREAL, June 9 - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acquisition of Bullock Baur Associates Ltd., ("Bullock Baur"), a British Columbia-based firm specialising in civil and municipal engineering services.

    "I am very pleased to welcome Bullock Baur onto GENIVAR's team," said Pierre Shoiry, President and CEO of GENIVAR. "The acquisition of Bullock Baur expands our expertise in the municipal infrastructure market in British Columbia. This firm is known for its excellent services and, has a solid client base throughout Vancouver Island," said Pierre Shoiry, President and CEO of GENIVAR.

    Bullock Baur was founded in 1974 and currently has 23 employees at its office in Victoria. With a primary focus on serving municipalities, First Nations, private developers as well as federal and provincial clients in British Columbia, Bullock Baur serves major clients which include: City of Victoria, District of Saanich, City of Colwood, Capital Regional District, Defence Construction Canada, Snuneymuxw Nation, Olympic View Developments, BC Hydro, First Nations' Emergency Services, Penelakut Tribe and TimberWest.

    "This acquisition is strategic in British Columbia where GENIVAR now has a multidisciplinary team of some 100 employees," said J. Rob Harmer, Vice President for Western Canada. "We plan to continue to grow our team through strategic acquisitions and dynamic organic growth," added Mr. Harmer.

    "For Bullock Baur, joining GENIVAR gives us new momentum as it takes us to the next level of our development," commented Tony Baur, President of Bullock Baur. "It enables us to work on more significant and complex projects. This will also allow us to attract other firms and additional personnel to GENIVAR. GENIVAR's entrepreneurial culture, its decentralised business model which emphasizes a local approach, the magnitude and dynamism of the firm, and, access to its Canadian network built a strong business case for the merger," explained Mr. Baur. "Working together, we foresee tremendous opportunities for developing our team and clientele," he added.

    About GENIVAR

    GENIVAR is a leading Canadian Engineering Services firm providing private and public sector clients with a comprehensive range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Clients fall into various market segments such as building, industrial and power, urban infrastructure, transportation and environment. GENIVAR is one of the largest Engineering Services firm in Canada with more than 2,800 managers, professionals, technicians and technologists and support staff in more than 60 offices in Canada and internationally.

    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,
    Western Canada,
    GENIVAR Income Fund,
    (604) 736-5421;

    John Sturdy, P.Eng.,
    Vice President,
    Bullock Baur Associates Ltd.,
    (250) 386-2521