Stantec (STN) Signs LOI to Acquire Engenium

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Stantec signs letter of intent to acquire Engenium, deepening sustainable mining project delivery and advisory service capabilities in Australia

April 8, 2021 6:45 AM UTC

EDMONTON, Alberta and NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Global engineering and design firm Stantec has signed a letter of intent (set to close in Q2 2021) to acquire Engenium, a project delivery consultancy specializing in the delivery of mining, resources, and industrial infrastructure projects. The acquisition of Engenium comes on the heels of Stantecs recent addition of Australia-based transportation planning and engineering firm GTA Consultants, further expanding Stantecs footprint in Australia. The financial terms of the... More