In late October, Creaform, the Québec, Canada–based technology company that offers 3D engineering services and innovative 3D scanners, completed the acquisition of Genicad, a company in Québec City that specializes in engineering, digital and mechanical design, project management and technical drawing.
“The acquisition is part of Creaform’s growth strategies to strengthen regional operations, secure its position as a major player in the industry and expand its range of 3D engineering services to better meet the needs of our clientele,” explains Chief Executive Officer Martin Lamontagne.
Adds Genicad president Michel Cyr: “This is a most significant move for the industry. The synergy between Genicad and Creaform will create the most important 3D engineering services firm in the Québec City area.”
Over the past 20 years, its expertise and quality services have made Genicad a leading player in Quebec’s mechanical design industry. And Creaform, as a 3D engineering partner known for its drive toward innovation and technological development, is expected to build on Genicad’s excellent reputation.
The acquisition of Genicad is the latest in a series of major steps taken by Creaform during the year. Others include the acquisition in January of InSpeck, a world-leading 3D human body digitizing company, the opening of three new offices overseas this summer, and the international launch in October of an all-new product, the MetraScan 3D scanner.
Genicad offices in Québec City will be closed and the existing employees relocated to Creaform’s offices in nearby Lévis. Creaform will keep the Sainte-Claire offices of Genicad open.