WSP Global Inc.

WSP Global Inc.

March 04, 2009 04:48 ET

GENIVAR Expands its Operations in Trinidad and Tobago by Acquiring Design Collaborative Associates Ltd.

    PORT OF SPAIN, Trinidad and Tobago, March 4  - The GENIVAR
Income Fund ("GENIVAR") is pleased to announce the acquisition of Design
Collaborative Associates Ltd. ("Design Collaborative"), an architectural
consulting firm with 20 employees based in Maraval, Trinidad and Tobago.
    GENIVAR Trinidad and Tobago now has 170 Trinidad and Tobago and Caribbean
employees, including engineers, project managers and architects of which 7 are
local active employee-owners through shareholding in GENIVAR Inc., the
non-controlling unitholder which holds a 38.8% interest in the Fund.
    "The GENIVAR team is very pleased to welcome Design Collaborative, a well
respected firm in the Caribbean. This acquisition will expand our Trinidad
base of operations and suppport our ongoing commitment to the region," said
Jack Shenker, Eng., Vice President, GENIVAR Trinidad and Tobago. "In addition,
we now can offer local architectural and urban planning services. Our growing
clientele will benefit from our one-stop approach to engineering, project
management and architecture services, ensuring more effective project
integration," he added. "Thanks to Design Collaborative's extensive knowledge
of the region, we are confident that our Trinidad office will make a
significant and lasting contribution to the development of Trinidad and Tobago
and the Caribbean."
    "We are very proud to be joining GENIVAR, and this merger gives us an
opportunity to grow. Having been involved in many projects in the Caribbean,
we will be in a better position to develop our potential and to work on larger
and more complex projects, given GENIVAR's scale of operations and
capabilities and its range of locally available multidisciplinary expertise,"
said architect Stephen Mendes, President of Design Collaborative. "We will
ensure our firm's ongoing continuity as we further develop our team and
clientele. We will have access locally to all the technical services and
support needed to offer our clients a complete range of services. GENIVAR and
Design Collaborative also share the same core values, including a strong
entrepreneurial culture focused on the regional development," he added.

    About Design Collaborative Associates Ltd.

    Design Collaborative was founded in Trinidad by architect Stephen Mendes
in 1976. The firm provides architectectural and urban planning services to the
institutional, commercial and residential sectors. It has completed a wide
range of projects in Trinidad and Tobago and the Caribbean and has won several
awards of excellence.

    About GENIVAR Trinidad and Tobago

    GENIVAR Trinidad and Tobago is a subsidiary of GENIVAR Income Fund and
began operations in Port of Spain in 2004. The firm provides private and
public-sector clients with a comprehensive range of professional consulting
services through all project phases, including planning, design, construction
and maintenance. Its clients operate in various market segments, including the
building, municipal infrastructure, transportation, industrial and
environment. GENIVAR has 3,500 employees, including 170 professionals,
projects managers, technicians and technologists and support staff in its
Trinidad and Tobago office. The firm is one of the largest engineering and
architectural services firms in the Caribbean.



Contact Information

  • Jack Shenker, Eng., Managing Director, GENIVAR
    Trinidad and Tobago, (868) 624-8039; Stephen Mendes, Arch., FTTIA, Design
    Collaborative Associates Limited, (868) 628-0068; Marlene Casciaro, Director
    of Communications, GENIVAR Income Fund, (514) 340-0046, ext. 5184