Plan Group Inc., a Canadian technical services provider and subsidiary of Bouygues Energies & Services, has acquired Gastier M.P. Inc. from Investissements Hexagone Inc. (IHI). Based in Anjou, Québec, Gastier generated more than $140 million in revenue in 2014 with 120 permanent employees and approximately 500 hourly employees.
Gastier specializes in electrical, instrumentation, piping, plumbing and mechanical works, maintenance of industrial plants and steel construction.
Established in 1971, Gastier has developed a reputation as a leader in the Quebec construction industry with its unique, multidisciplinary approach and superior customer service. This acquisition is an important step in Plan Group’s national growth strategy, the company says in a news release. Gastier represents a significant advance for Plan Group into the dynamic Quebec marketplace.
The acquisition solidifies Plan Group’s presence in the industrial sector while expanding its electrical and mechanical construction capabilities and relationships within the commercial construction and services sectors. Also it provides Plan Group the opportunity to further advance and market its innovative ICAT (Information, Communications and Automation Technologies) service. Gastier’s management team will remain in place, as will the company name, logo and brand. “Gastier is an excellent partner for Plan Group. It is a longstanding company with a solid brand, strong management team and consistent values,” says Plan Group CEOI Bill Kurtin. “We’re very excited about what this means for our future.”