SNC-Lavalin Group Inc. , Canada's biggest engineering and construction firm, announced Tuesday it has acquired Marte Engenharia Ltda., a leading Brazilian engineering firm with about 1,000 employees.
Marte Engenharia serves the power industry in Brazil and Latin America, with particular expertise in the design of high voltage transmission lines and electrical substations.
Financial terms of the deal were not disclosed.
"We are very pleased to welcome Marte to the team," said Cindy Andrew, senior vice-president and general manager of SNC-Lavalin's Transmission and Distribution division.
"With the additional expertise of our Brazilian personnel, we have further strengthened our team of transmission and distribution experts, and our position in Brazil's strong and growing economy," Ms. Andrew said. "We look forward to continuing to deliver major transmission line and substation projects worldwide."
Eduardo Villas, who will become superintendent director of SNC-Lavalin Marte, said the takeover will allow his company to "offer our clients the best of our local expertise, combined with the worldwide experience and project excellence for which SNC-Lavalin is known."
"In addition, we can provide career development and growth opportunities for all Marte staff," Mr. Villas said.
SNC-Lavalin, with offices across Canada and in over 35 other countries, is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure and in the provision of operations and maintenance services.
It is currently working in some 100 countries.