Colliers' Englobe Acquires Goodkey, Weedmark & Associates Limited, A Building Engineering Consulting Firm In Ontario; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Colliers' subsidiary Englobe has acquired Goodkey, Weedmark & Associates Limited, a building engineering consulting firm in Ontario. This acquisition will enhance Englobe's service capabilities in Canada, with GWAL's leadership becoming shareholders under Colliers' partnership model.
October 02, 2024 | 8:04 pm
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Colliers International Group Inc. (CIGI) has expanded its subsidiary Englobe's capabilities by acquiring Goodkey, Weedmark & Associates Limited. This move is expected to strengthen Englobe's market position in Canada.
The acquisition of GWAL by Englobe, a subsidiary of Colliers, is likely to enhance Colliers' service offerings and market presence in Canada. This strategic move could positively impact Colliers' stock price in the short term as it strengthens its competitive position.
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