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Stantec, Inc. (STN) to Acquire Tkalcic Bengert

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Stantec signs letter of intent to acquire Edmonton-based Architecture Tkalcic Bengert

October 19, 2016 6:45 AM EDT

EDMONTON, ALBERTA -- (Marketwired) -- 10/19/16 -- Global design firm Stantec (TSX: STN)(NYSE: STN) has signed a letter of intent to acquire Edmonton, Alberta-based Architecture Tkalcic Bengert (Arch/TB), a 60-person design studio that fuses expertise in architecture, interior design, creative services, urban planning, and technical consulting.

Arch/TB's diversified portfolio is well-aligned with recent commitments to public spending. Arch/TB facilities include cultural, community, sport and recreational, educational, retail, commercial, and multifamily residential with an emphasis on seniors' care.

"Arch/TB is a well-diversified practice that... More