Colliers' Englobe agrees to acquire Obsidian Engineering

Bitget2026/10/29 20:02

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Colliers' Canadian engineering platform Englobe has agreed to acquire Calgary-based Obsidian Engineering, expanding its engineering, procurement and construction management capabilities.
The acquisition will expand Englobe's Western Canadian operations and establish a significant presence in Canada's energy infrastructure market.
Founded in 2017, Obsidian has over 400 professionals and has delivered more than 3,500 projects across Canada's energy and data center markets.
Obsidian's senior team will become significant Englobe shareholders and take leadership roles.
The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Colliers International Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610291601PRIMZONEFULLFEED9856201) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Colliers' Englobe agrees to acquire Obsidian Engineering

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