ISR acquired by Calian Group Ltd.
ISR is proud to announce that Calian Group Ltd. (TSX: CGY) acquired International Safety Research Inc. (ISR) of Ottawa, Ontario.
ISR CEO stated that "This acquisition will help ISR offer a wider range of services and products that meet the needs of our clients in the nuclear and the emergency management sectors."
"ISR is an excellent fit for Calian," stated Jerry Johnston, VP, Training & Engineering Services. "The synergies that we can derive from the combination of ISR's services, and our own Emergency Management service offering, will allow us to provide unparalleled support to both new and existing customers."
"The acquisition of ISR is a great example of our four pillar growth strategy at work” stated Kevin Ford, Calian's CEO. "Through this acquisition we can retain customers both companies now share, diversify our customer base through ISR's deep connections in the nuclear industry nationally and internationally, evolve our Emergency Management service offering and introduce new capabilities in the Chemical, Biological, Radiological Nuclear and Explosive (CBRNE) consulting domains. ISR also brings methodologies and tools that can support our goal of continuous improvement in our operations."
ISR will remain as an independent entity with the same management team. Although there will be no obvious change to ISR operations, Calian and ISR will work together in many aspects to combine the ISR nuclear and emergency management expertise with the Calian financial strength and expertise in areas such as cyber security, IT program management and training program management. The joint capabilities will be immediately evident to our clients.
Calian employs over 2,700 people with offices and projects that span Canada, U.S. and international markets. The company's capabilities are diverse with services delivered through two divisions. The Business and Technology Services (BTS) Division is headquartered in Ottawa and includes the provision of business and technology services to industry, public and government in the health, training, engineering and IT services domains. Calian’s Systems Engineering Division (SED) located in Saskatoon plans, designs and implements complex communication systems for many of the world’s space agencies and leading satellite manufacturers and operators. SED also provides contract manufacturing services for both private sector and military customers in North America.