MONTREAL, Sept. 12,
2023 /CNW/ - SNC-Lavalin Group Inc. (TSX: SNC), a
fully integrated professional services and project management
company with offices around the world, today announced that it is
rebranding to AtkinsRéalis.
Building on more than a century of accomplishments from brands
such as SNC-Lavalin, Atkins, Faithful+Gould, DTS and Atkins Acuity,
AtkinsRéalis brings the whole organization together under one
single brand and represents a major milestone in the Company's
transformation journey. Headquartered in Montréal, Canada, AtkinsRéalis combines the expertise of
its 36,000 employees across markets and regions to deliver
end-to-end solutions in the built and natural
environments.
"AtkinsRéalis is a new name for a new transformed company: our
ability to draw upon such breadth and depth of global capabilities
will maximize our ability to work seamlessly and provide one
integrated offering for our clients and partners. Everything starts
with our people; they care about each other, this Company and most
importantly, they care about the work we do and believe in our
purpose to engineer a better future for our planet and its people.
I could not be prouder of our team's dedication to the success of
this Company", said Ian L. Edwards,
President and CEO of AtkinsRéalis.
"In recent years, we have deliberately repositioned the Company.
We exited those parts of the business that were not profitable or
aligned with our strategy; corrected underlying issues affecting
our performance; doubled down on high-growth global markets;
embraced digital transformation; and most importantly, redefined
our purpose and strengthened our culture. We have reached an
inflection point so now is the right time to rebrand to
AtkinsRéalis and reflect the exciting future ahead of us", added
Mr. Edwards.
The name AtkinsRéalis is a coined term that combines Atkins, a
legacy brand that is well-established across the Company's
international markets, and "Réalis," inspired by the city of
Montréal and the Company's French-Canadian roots. "Réalis" also
resembles the verb "to realize" or "to make happen" which
emphasizes our focus on outcomes and project delivery.
As of September 13, the Company's
new brand and associated visual identity will be used on all
communications materials. The Company's common shares will begin
trading on the TSX under the new ticker symbol (TSX: ATRL) prior to
market open on September 18, 2023.
SNC-Lavalin Group Inc. will not change its legal name until the
Company obtains shareholder approval, as required by law, at its
2024 Annual Meeting of Shareholders.
About AtkinsRéalis
Created by the integration of long-standing organizations dating
back to 1911, AtkinsRéalis is a world-leading professional services
and project management company dedicated to engineering a better
future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. 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. The breadth and
depth of our capabilities are delivered to clients in key strategic
sectors such as Engineering Services, Nuclear, Operations &
Maintenance and Capital.
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SOURCE SNC-Lavalin