04:43 PM EDT, 09/10/2025 (MT Newswires) -- Colliers International Group ( CIGI ) said Wednesday its Englobe engineering unit acquired LRL Associates, an Ontario- and New Brunswick-based engineering consulting firm, for an undisclosed price.
The acquisition adds LRL's 50 professionals who "provide mechanical, electrical, civil, structural, environmental and geotechnical services to public and private clients", the company said.
"LRL's professionals have a longstanding track record of providing flexible, turnkey solutions to diverse organizations, thereby deepening Englobe's expertise and allowing us to better serve our collective clients," said Englobe President Mike Cormier.
Colliers shares closed down $1.36, or 0.6%, to $229.46 on the Toronto Stock Exchange.