Keen set to join Stantec

The agglomeration of Canadian consulting firms continues apace. The latest announcement is that Keen Engineering, the Vancouver-based mechanical and electrical engineering consulting firm, is joining Stantec, headquartered in Edmonton.
Keen has signed a letter of intent that should see the transaction close in October.
Keen has established itself as a leader in sustainable “green” design. It has 275 employees, of which 163 are accredited by LEED, the standard for professional sustainable design in North America. Keen has 10 offices in Canada and two in the U.S.
Stantec is publicly traded in Toronto and New York and has 4,500 employees in 50 locations. In making the announcement, Stantec’s President and CEO, Tony Franceschini, said “When Keen’s 163 LEED-accredited professionals are combined with our existing capabilities … Stantec will have one of the lartest sustainable design teams in North America with over 280 LEED accredited professionals.”
Kevin Hydes, president and CEO of Keen, said “Joining Stantec will accelerate our vision of being a top-tier integrated building design firm promoting sustainable development…. As a part of Stantec we will have access to resources that will immediately allow us to enhance the depth and breadth of services provided to our clients.”