Industry: Engineering Services
TWD Technologies Ltd. has acquired Great North Engineering Consultants Inc. (GNEC), a provider of engineering consulting, advisory, design, procurement, project management, and construction management services with technical expertise in complex utility and transportation infrastructure projects.
TWD Technologies Ltd. is a leading multi-discipline engineering, procurement and construction management company providing project development, execution and engineering services, specializing in oil and gas, pipelines, terminalling and blending, renewables, power, chemical processing, and food and beverage.
To date, TWD’s core focus has been on the energy section, however, the mid-sized Canadian EPCM firm has been looking for ways to expand its mission of delivering technical business solutions for engineering project development and execution. The addition of GNEC allows both companies to combine expertise and experiences and deliver extraordinary EPCM solutions across many Canadian industries.
Davis Martindale Corporate Finance advised TWD Technologies Ltd. (the purchaser) in this transaction.