Stantec to buy U.S. based engineering firm Bonestroo
By Canadian PressGeneral acquisition Stantec
Acquisition to boost Edmonton-based company’s U.S. Midwest operations.
Edmonton — Engineering company Stantec said Thursday it has agreed to buy engineering, planning and environmental science firm Bonestroo Inc. for an undisclosed amount. Bonestroo, based in St. Paul, Minn., has about 275 employees in Minnesota, Wisconsin, Illinois, Michigan and North Dakota.
“With Bonestroo’s expertise and reputation for technical excellence and responsive service, we’ll be better equipped to offer municipal and environmental services in regions of the United States where, to date, we’ve had very limited or no presence,” Stantec president and chief executive officer Bob Gomes said in a statement.
Bonestroo specializes in municipal engineering, infrastructure planning, streets and utilities design, water supply, water storage, water distribution, brownfields redevelopment, environmental planning, environmental management, environmental compliance, transportation engineering, traffic engineering, bridge design, water resources management, ice design, aquatics design, athletic field design, land use planning, and urban design.
The Edmonton-based company — which currently has 475 employees at 16 offices in the region — says the acquisition will be a significant boost to its U.S. Midwest stable of operations.
© 2011 The Canadian Press