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Consolidation trend Mar 2020 · Ontario, Canada

JLR's second engineering-firm acquisition in six months

JLR characterizes the LCI deal as its second strategic acquisition of an Ontario engineering firm in six months, following its acquisition of Porcupine Engineering Services, indicating an active serial-acquisition strategy.

“This announcement marks JLR’s second strategic acquisition of an Ontario-based engineering firm in six months. The firm also acquired Timmins-based brownfield mining firm Porcupine Engineering Services in October of last year.”

Entities

J.L. Richards & Associates Limited · Acquirer Porcupine Engineering Services · Target
Other
Source: www.achrnews.com

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