Jacques Whitford was 100% employee owned and the transaction received 98% approval from the company’s shareholders.
Tony Franceschini, Stantec President & CEO said, “We’re very pleased that the Jacques Whitford team has chosen to join Stantec. Jacques Whitford is a great addition which significantly strengthens our Environment practice across Canada, expands our presence in Atlantic Canada, and increases the depth and breadth of services we can offer our clients.”
Bob Youden, Jacques Whitford CEO who will continue with Stantec as a senior vice president said, “I believe the reason our employee shareholders voted so strongly in favor of the acquisition was they recognize the opportunity that exists as part of Stantec. Our employees are excited about the technical resources and the network of people we now gain access to. We have worked with Stantec on a number of successful projects in the past across Canada and now as part of the Stantec team we are able to provide an infinite number of solutions to our clients.”
