MONTRÉAL, June 21,
2022 /CNW Telbec/ - SNC-Lavalin (TSX: SNC), a fully
integrated professional services and project management consultancy
with offices around the world, has completed the acquisition of
Flex Process, a leading process engineering, safety and digital
simulation company which specialises in the support and
transformation of process plants across a wide range of power and
industrial sectors.
Based in the United Kingdom,
Flex Process offers advanced engineering and digital twin expertise
to support asset design, improve operational efficiency, optimise
asset life and reduce emissions for global clients across a number
of energy industries, including power and nuclear; as well as
industrial sectors such as iron and steel; chemicals; and
pharmaceuticals.
To date, it has worked alongside SNC-Lavalin on numerous
projects including the United Kingdom Atomic Energy Authority's
Hydrogen-3 Advanced Technology facility, Hinkley Point C nuclear power station in
England, and an ammonia production
plant in the Middle East.
The acquisition adds to SNC-Lavalin's rapidly growing net zero
energy capability which sees multidisciplinary services delivered
across power and renewables; transmission and distribution;
hydrogen; carbon capture and storage; energy storage; and
industrial decarbonisation.
"As an organisation we're committed to advancing net-zero
projects around the world by harnessing data and technology to give
our clients more insight and certainty than ever before," said
Ian L. Edwards, President and CEO,
SNC-Lavalin.
"The acquisition of a highly specialized firm with niche
expertise will strengthen this offering, as we look to engineer the
future of infrastructure and power generation on a scale
appropriate to the challenges our world faces."
"Flex Process has an established track record with a client base
complementary to our own which will open up new opportunities to
sell fully integrated services into growing markets," said
Joe St. Julian, President, Nuclear,
SNC-Lavalin. "We now look forward to building on the success we've
already shared together working across entire project lifecycles in
complex industries."
Roger Rayner, Managing Director
and Founder of Flex Process, said: "Flex Process has been
pioneering new techniques to help its clients to optimise their
processes, increase safety and support their decarbonisation plans.
The decision to become part of SNC-Lavalin strengthens these
capabilities and allows us to support the decarbonisation schemes
of more sites, across more countries, and deliver more benefits to
those clients we already support. We look forward to working within
the fast-growing net zero energy business to help new and existing
clients to reduce complexity, increase efficiency and identify more
ways to decarbonise their plants and processes."
Flex Process' team of 11 staff and long-term associates will
become part of SNC-Lavalin's Nuclear Sector – one of the most
complete nuclear services organizations in the world working across
entire project life cycles.
About Flex Process:
Flex Process have been operating
since 2007 and have assembled a highly specialised team offering
process simulation and optimisation; process safety and
sustainability; and digitisation of as-built plant and operational
data. Its advanced simulation tools, including digital twins and
newly modelled processes, have helped clients reduce energy use and
emissions, while improving project performance and reducing
risk.
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is a fully integrated professional services and project
management company with offices around the world dedicated to
engineering a better future for our planet and its people. We
create sustainable solutions that connect people, technology and
data to design, deliver and operate the most complex projects. We
deploy global capabilities locally to our clients and deliver
unique end-to-end services across the whole life cycle of an asset
including consulting, advisory & environmental services,
intelligent networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. – and delivered to
clients in key strategic sectors such as Engineering Services,
Nuclear, Operations & Maintenance and Capital. News and
information are available at www.snclavalin.com or follow us on
LinkedIn and Twitter.
SOURCE SNC-Lavalin