Genivar

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Genivar Inc.
Company typePublic
TSX: GNV
IndustryEngineering consulting
Construction management
PredecessorGroupe-Conseil Solivar Inc.
Founded1959; 66 years ago (1959)
FateReorganized after acquiring WSP Group plc.
SuccessorWSP Global Inc.
Headquarters
Montreal, Quebec
,
Canada
Key people
Pierre Shoiry (CEO)
Richard Bélanger (Chairman)
RevenueC$651.9 million
C$63.3 million
C$50.1 million
Total assetsC$726 million
Total equityC$501.4 million
Number of employees
15,000
Websitegenivar.com
Footnotes / references
[1][2]

Genivar Inc. was a Canadian engineering consulting firm. As of January 1, 2014, it became WSP Global. Its head office remains located at 1600 René Lévesque Boulevard West in Montreal, Quebec.[3]

On August 29, 2011, Genivar Inc. and Montreal-based architectural firm Arcop announced a strategic alliance.[4][5]

On June 7, 2012, Genivar Inc. announced that it made a friendly takeover cash offer of C$442 million (£278 million) for WSP Group PLC. The offer is backed by WSP's board of directors as well as investors holding 37% of the company's shares. The deal closed on August 1, 2012.[6][7][8]

In 2013, the company announced it will be changing its name to WSP Global, reflecting a $442-million purchase of the British-based WSP Group PLC.[9] The rebrand followed a reorganisation to a holding structure that enabled the company to separate its regional operations into distinct subsidiaries.[10]

References

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  1. ^ "Profile". About Us. Archived from the original on 24 January 2013. Retrieved 9 June 2012.
  2. ^ "Consolidated Financial Statements - 2011" (PDF). Genivar. 30 April 2012. Retrieved 9 June 2012.[permanent dead link]
  3. ^ "WSP Global Inc - Head Office". GlobalData. Retrieved 29 September 2025.
  4. ^ "GENIVAR and the ARCOP Group establish a strategic alliance". Press release. 29 August 2011. Archived from the original on 15 January 2013. Retrieved 21 August 2012.
  5. ^ "GENIVAR makes match with notable architects". CanadianConsultingEngineer. 6 September 2011. Archived from the original on 12 July 2024. Retrieved 29 September 2025.
  6. ^ Van Praet, Nicolas (7 June 2012). "Genivar bids for WSP Group as Quebec firms continue Europe takeover binge". Financial Post. Retrieved 9 June 2012.
  7. ^ "Genivar's $442 million WSP Group PLC takeover, no job cuts". The Gazette. Archived from the original on 15 June 2012. Retrieved 9 June 2012.
  8. ^ "GENIVAR and WSP Group join forces to become a global professional services firm with world-class expertise". GENIVAR Inc. (GNV). TMX Group. 7 June 2012. Archived from the original on 23 July 2013. Retrieved 9 June 2012.
  9. ^ Gallagher, Ron (12 June 2012). "Genivar is buying U.K. designer WSP Group". Construction Dive. Retrieved 1 November 2019.
  10. ^ Van Praet, Nicolas (17 April 2013). "Genivar rebranding as WSP Global amid Quebec corruption scandal". Financial Post. Retrieved 1 November 2019.
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