Stantec buys Guelph environmental firm
Stantec has acquired ESG International Inc., an environmental consulting firm headquartered in Guelph, Ontario, wit...
Stantec has acquired ESG International Inc., an environmental consulting firm headquartered in Guelph, Ontario, with about 90 employees.
ESG has worked internationally since the mid-1970s, specializing in impact assessments along with ecotoxicity testing and environmental technologies. The company operates one of the largest toxicity testing labs in Canada.
Stantec’s environmental management and geo-environmental practice area now has more than 350 staff in Canada and the United States. One of Canada’s two publicly traded consulting engineering firms, it has been expanding through firm acquisitions for several years and now has a total of 3,500 employees. The company recently announced record first quarter earnings with gross revenue increasing 28.2% to $108.4 million compared to $84.6 million in the first quarter 2002.
“The addition of ESG also continues to build our presence throughout Ontario,” said Tony Franceschini, P.Eng., president and CEO of Stantec in a press release.
“We’re looking forward to a successful future with Stantec,” says Erven Mackintosh, chairman and CEO of ESG. Mackintosh will continue with Stantec as a vice president.