Genivar

Genivar Inc. was a Canadian engineering consulting firm. As of January 1, 2014, it became WSP Global. Its head office remains located at 1600 René Lévesque Boulevard West in Montreal, Quebec.

Genivar Inc.

Genivar office in Markham
Company type	Public
Traded as	TSX: GNV
Industry	Engineering consulting Construction management
Predecessor	Groupe-Conseil Solivar Inc.
Founded	1959; 66 years ago (1959)
Fate	Reorganized after acquiring WSP Group plc.
Successor	WSP Global Inc.
Headquarters	Montreal, Quebec , Canada
Key people	Pierre Shoiry (CEO) Richard Bélanger (Chairman)
Revenue	C$651.9 million
Operating income	C$63.3 million
Net income	C$50.1 million
Total assets	C$726 million
Total equity	C$501.4 million
Number of employees	15,000
Website	genivar.com
Footnotes / references [1][2]

On August 29, 2011, Genivar Inc. and Montreal-based architectural firm Arcop announced a strategic alliance.^[3]

On June 7, 2012, Genivar Inc. announced that it made a friendly takeover cash offer of C$442 million (£278 million) for WSP Group PLC. The offer is backed by WSP's board of directors as well as investors holding 37% of the company's shares. The deal closed on August 1, 2012.^[4][5][6]

In 2013, the company announced it will be changing its name to WSP Global, reflecting a $442-million purchase of the British-based WSP Group PLC.^[7] The rebrand followed a reorganisation to a holding structure that enabled the company to separate its regional operations into distinct subsidiaries.^[8]