Canam Group acquires Hong Kong based project consulting firm InteliBuild
Construction products designer and manufacturer, Canam Group (TSX: CAM) has acquired InteliBuild Limited, a Hong Kong based construction projects consulting business.
“InteliBuild is well known for its consulting services to clients in Asia, China and the Middle East on construction projects that use BIM and 3D digital models,” Canam Group stated, “In 2008, the company received the BIM Award from Autodesk, a world leader in software design, for its work on the Cathay Pacific Cargo Terminal project in Hong Kong.”
IteliBuild will be folded into Canam Group’s subsidiary, Technyx and will be rebranded InteliBuild Technyx Asia.
"Bringing the InteliBuild team on board will help us consolidate our position as a leading technical service provider in the construction sector, while broadening our activities on the Asian market," said Jean Thibodeau, president of Technyx. What's more, Technyx will be able to tap into InteliBuild's expertise and use it to offer cutting-edge BIM services to its North American and European customers.
InteliBuild’s managing director Ronan Collins will head up the new company. "Our partnership with Technyx will provide financial stability and the managerial expertise needed to ensure our long-term growth and expand our service offerings," he stated.
Canam Group operates 12 plants specialized in the design and fabrication of construction products and solutions.
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