Press Releases

  • Thursday, March 3, 2011
    GENIVAR ACQUIRES AN ENGINEERING CONSULTING FIRM SPECIALIZING IN ACOUSTICS

    MONTREAL, March 3 - GENIVAR Inc. ("GENIVAR") (TSX: GNV) is pleased to announce that it has acquired Decibel Consultants Inc. ("Decibel"), an engineering consulting firm based in Pointe-Claire, Quebec and specializing in architectural acoustics and industrial/environmental noise measurement and control. This acquisition adds 13 employees to GENIVAR's workforce.

    "We are very pleased to add a specialization in acoustics to our range of expertise," said François Perreault, GENIVAR's Vice President, Western Quebec. "Noise and vibration are important factors in the projects we undertake, whether in the architectural field, at industrial sites, on highway projects or in our urban environment," he added.

    "GENIVAR is the ideal partner for us during the next stage of our growth. In our view, the company's professional expertise and vast network are key assets that will enable us to develop nation-wide," said Gilles Leroux, Decibel's President and CEO.

    About Decibel Consultants Inc.
    Founded in 1986, Decibel has 25 years of experience in the areas of architectural acoustics and industrial/environmental noise measurement and control, as well as in the field of vibration. Thanks to its expertise and enviable reputation, the firm has become leader in reducing noise and audio pollution.

    About GENIVAR Inc.
    GENIVAR is a leading Canadian engineering consulting company providing private and public-sector clients with a complete range of professional consulting services during all project phases, including planning, design, construction and maintenance. Ranging significantly in size, GENIVAR's clients primarily operate in the building, industrial, power, municipal infrastructure, transportation and environmental sectors. GENIVAR is one of Canada's largest engineering consulting companies by number of employees, with approximtely 4,500 managers, professionals, technicians, technologists and support staff based in more than 85 cities in Canada and internationally (www.genivar.com).

    Forward-looking statements 
    Certain information regarding GENIVAR contained herein may constitute forward-looking statements. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although GENIVAR believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These forward-looking statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. GENIVAR's forward-looking statements are expressly qualified in their entirety by this cautionary statement.

    François Perreault
    Vice President, Western Quebec
    GENIVAR Inc.
    Phone: (514) 340-0046, ext. 5125
    francois.perreault@genivar.com

    Isabelle Adjahi
    Director, Corporate Communications and Investor Relations
    GENIVAR Inc.
    Phone: (514) 340-0046, ext. 5648
    isabelle.adjahi@genivar.com

    Gilles Leroux
    President and Chief Executive Officer
    Decibel Consultants Inc.
    Phone: (514) 630-4855
    gleroux@decibel-consultants.com