04:32 PM EST, 01/19/2026 (MT Newswires) -- Colliers (CIGI.TO, CIGI), up 1.68% at last look in after-hours trading, said Monday its Canadian engineering platform, Englobe Corporation, has acquired BESTECH Canada Limited, a multidisciplinary engineering consulting firm in Ontario, for an undisclosed sum.

According to a statement, BESTECH's senior team will play a "key leadership role going forward" and will become shareholders of Englobe under Colliers' partnership model

Founded in 1995, BESTECH's over 100 professionals provide mining, automation, electrical, power systems, structural, civil, and mechanical services to mining clients, the statement said.

"This investment accomplishes two key strategic priorities of expanding our capabilities in the Canadian resources industry and bolstering our footprint in Ontario," said Mike Cormier, Englobe's president. "BESTECH's long history of providing innovative solutions to clients in the mining sector enhances Englobe's expertise and qualifications in this important and growing market."

Marz Kord, president of BESTECH, said: "The ability to leverage Englobe's capabilities and infrastructure to offer unparalleled client outcomes and employee experience made this partnership the logical next step for us."

Colliers shares closed up $0.20 at $205.02 on the Toronto Stock Exchange on Monday.