2012-04-14 04:26:45 - Will complement its Engineering and Project Management Services Offerings to the Oil and Gas Industry
GENIVAR Inc., (GENIVAR) an engineering consulting services company, has completed the acquisition of GRB Engineering Ltd. (GRB), a provider of engineering and project management services for the oil and gas industry.
The transaction complements GENIVAR's engineering and design, procurement and construction management (EPCM) business and will enable it expand and strengthen its engineering and project management services offerings to better serve companies in the oil and gas industry.
John Nielsen, senior vice-president of GENIVAR, said, "We are very happy to welcome the GRB team as it fits very well in our development strategy and strengthens our leadership both in Alberta and in the oil and gas industry. GRB's team has developed an expertise in Engineering and Design, Procurement and Construction Management (EPCM)
services as well as project management, which complements the array of services we already offer in this market segment. The oil and gas industry is a flourishing, dynamic one, rich in opportunities. With such a diverse service offering, we expect to take part in many more projects in the coming years."
Full Report Details at
- www.fastmr.com/prod/348409_genivar_acquires_grb_engineering_to_c ..
Rick Giammarino, president and CEO of GRB, said, "We are very proud to be joining GENIVAR since being part of a larger team with values similar to ours will give us the opportunity to accelerate our growth. Our businesses being complementary, the merger of our teams will create multiple new opportunities for our staff and clients. Through this transaction, we will play an active role in the continued development and growth of GENIVAR's multidisciplinary oil and gas group, with a clear focus on providing our clients with quality professional services and technical excellence."
* Rationale behind GENIVER acquisition of GRB
* Stratigic benefits for the companies involved in the transaction
* Geography covered - US and Canada
Reasons to buy
* Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in the oil and gas equipment and services sector of US and Canada.
GENIVAR, GRB Engineering Ltd, engineering and design, procurement and construction management, British Columbia, Alberta, Saskatchewan, and Manitoba.
Report Table of Contents:
1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 GENIVAR Acquires GRB Engineering to Complement its Engineering and Project Management Services Offerings to the Oil and Gas Industry 1
2.1 Deal Overview 1
2.2 Deal in Brief 1
2.3 GENIVAR Strives to Expand its Range of Services for the Oil and Gas Industry through the Acquisition of GRB Engineering 2
2.4 Acquisitions have been a Major Contributor to GENIVAR's Topline Growth 3
2.5 Deal Financials and Valuations 4
3 Appendix 5
3.1 Methodology 5
3.2 Contact Us 6
3.3 Disclaimer 6
List of Tables
1.1 List of Tables
Table 1: GRB, Major Oil and Gas Projects in Western Canada 2
Table 2: GENIVAR Inc., Major Deals, 2010 - March 01, 2012 4
Table 3: Companies Involved 4
Table 4: Target Information 4
Table 5: Acquirer Information 5
List of Figures
1.2 List of Figures
Figure 1: Services portfolios of GENIVAR and GRB, 2012 2
Figure 2: GENIVAR, Contribution of Regions to Revenue, 2008 - 2010 3
Figure 3: GENIVAR, Contribution of Acquisitions and Organic Growth to total Revenue Growth, 2007 - 2010 3
GlobalData is a leading provider of global business intelligence including market, competitor, product and customer information. It provides in-depth research, analysis, data and forecasts through a range of interactive online databases, reports and management briefings. GlobalData has a large team of experienced research and analysis, consulting, and marketing experts. It has a global presence, including key offices in the US, Europe and Asia. The group has over 50 years of experience of delivering market intelligence data and analysis and a highly experienced senior management team. View more research from GlobalData at www.fastmr.com/catalog/publishers.aspx?pubid=1015
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.