Dessau Pursues Growth in Latin America - Dessau Acquires Chilean Firm Specializing in the Mining Sector

MONTREAL, May 1, 2012 /CNW Telbec/ - Dessau Inc., one of Canada's leading engineering-construction firms, is pursuing its expansion in Latin America through the acquisition of MG Ingenieros S.A. This engineering firm specializes in the mining sector and is based in Santiago, Chile.

"Through the acquisition of M.G. Ingenieros, Dessau is not only strengthening its presence in Chile, but we are also broadening our fields of expertise to include mining processes," said Mr. Jean-Pierre Sauriol, President and Chief Executive Officer of Dessau. "This acquisition enhances our service offering in Chile as we gain a talented team of professionals with a proven track record in this growing field."

According to Mr. Marcelo Gianetti, General Manager of MG Ingenieros, "Joining forces with a major firm like Dessau helps us ensure the company's future and offer our clients a more complete range of engineering services."

Dessau has been active in Latin America for more than 15 years and made its first acquisition in Chile in 2004. In 2011, Dessau added an office in Bogota, Colombia, through the acquisition of engineering firm CEI. Today, Dessau employs more than 800 people in the region and invests in the local workforce by hiring qualified local personnel to work on major infrastructure projects.

About MG Ingenieros
Founded in 1978, MG Ingenieros is a privately held engineering firm that specializes in mining processes and industrial infrastructure, with a special focus on structures, mills, concentrators and foundries. With 30 employees, the company has participated in numerous projects throughout South America.

About Dessau
Founded in 1957, Dessau is the fifth-largest engineering-construction firm in Canada and one of the top 60 in the world. With expertise in a wide range of fields related to engineering and construction, Dessau plans, designs, builds and manages infrastructure for clients in the private and public sectors. Dessau employs nearly 4,800 people and posts annual revenues of $750 million. Dessau maintains permanent offices in Algeria, Chile, Colombia, Costa Rica, Peru, Dominican Republic, and Trinidad and Tobago.

Jessie-Kim Malo
External Communications Advisor
Dessau Inc.
Tel.: [phone], extension 2032
[email protected]