TORONTO, Feb. 07, 2018 (GLOBE NEWSWIRE) -- ENGIE Services Inc. today announced it has acquired PBW High Voltage Ltd, an Ontario-based power system specialist. This transaction brings together two highly respected and long-standing companies as PBW is currently in its 22nd year of operation. ENGIE Services welcomes PBW employees and looks forward to their continuing commitment to the business and their customers. The combined expertise is expected to greatly benefit the customers of both companies. PBW will remain an autonomous entity within the ENGIE Services group and will expand its current activities with the group’s support. They will be moving their operations to the ENGIE facilities in Mississauga in 2018.
"We are delighted to have PBW join the ENGIE Services family," Jean-Luc Billiani, ENGIE Services Inc. President and CEO stated. "The strategic and commercial fit between the two companies and their respective networks represents an opportunity for continued growth. PBW’s reputation for providing excellent service fits ENGIE’s mission, and I know it will be a great partnership."
“PBW will be working directly with us and will complement our electrical division,” Louie Cosolo, ENGIE MultiTech CEO affirmed. “They will add to our strengths and opportunity for growth as we focus on the transportation and rail markets in Ontario, as well as other markets such as data centres.”
Mike Penny, President of PBW High Voltage Ltd Inc., added, "Joining the ENGIE team is a great opportunity for our staff and for expansion in the Canadian market. This combination will allow us to bring new products and services to our current and future customers."
About ENGIE Services and ENGIE MultiTech
ENGIE Services Inc. is a provider of energy efficiency, facility management services and outsourcing for companies and communities. ENGIE MultiTech is a multi-trade contractor that provides mechanical, electrical and data cabling services. Our experts design, develop and manage tailored, smart and sustainable solutions for our customers’ benefit from hospitals, airports to office parks and industrial sites.
ENGIE Services and ENGIE MultiTech are part of ENGIE in North America, which manages a range of energy businesses in the U.S. and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG), distribution and sales, retail energy sales and energy optimization services, facility management and mechanical and electrical construction. ENGIE (formerly GDF SUEZ) employs more than 153K people worldwide and achieved revenues of CAN $94.8 billion in 2016.
About PBW High Voltage Ltd.
PBW High Voltage Ltd specializes in design and construction of medium and high voltage substations and distribution systems for industrial, commercial and institutional customers. They design and build medium and high voltage electrical solutions as well as underground infrastructure, foundations and associated civil work to assist customers with complex technical requirements. PBW has been identified as a key partner to provide substation and catenary work for rail projects in Ontario as well as high and low voltage temporary power solutions to construction sites.
CONTACT:
Marie-Claude Cabana
Senior Marketing and Communications Advisor
marie-claude.cabana@engie.com
1 877 455-8780, ext. 2554