Stantec (STN) Signs LOI to Acquire Engenium

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Go back to Stantec (STN) Signs LOI to Acquire Engenium

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 EDT

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