Peterborough's Cambium Inc. Finalize Agreement to Be Acquired By Englobe Corporation

Peterborough consulting and engineering company Cambium Inc. has finalized an agreement to be acquired by Englobe Corporation, which specializes in engineering services and environmental sciences, announced on Thursday.

Photo by David Tuan Bui.

The addition of Englobe will strengthen Englobe’s scale, geographic footprint, and capabilities in Canada’s largest market, according to a press release. Cambium’s senior team will become shareholders of Englobe under Colliers’ however, the transaction terms were not disclosed.

“Cambium enhances our capabilities as an entrepreneurial, employee-owned firm with a long track record of supporting key client decisions with inventive and practical solutions. Their five locations perfectly complement our geographic presence in Ontario, allowing us to better serve our clients,” said Mike Cormier, Englobe president. “We are very proud they have chosen to partner with us and look forward to welcoming their skilled professionals into the Englobe family.”

Founded in 2006, Cambium is a renowned multi-service consulting and engineering company that provides services throughout Ontario, as stated on its website. The Peterborough-based business offers expertise and services in environmental, geotechnical, building sciences and construction quality verification. Their biologists also form part of their environmental team and provide specialized services in aquatic and terrestrial ecology, including environmental impact studies, natural heritage assessments, species at risk assessments, and more.

“We are a service-oriented business that is extremely enthusiastic about joining a firm that shares our cultural values, recognizing that people and relationships are our most valuable assets. This partnership represents a logical progression in our journey,” said John Desbiens, Cambium president and CEO.  “We look forward to better serving our clients, providing greater opportunities for our people, and leveraging the resources of Colliers and Englobe to accelerate our development.”

“Certainly a very proud moment for our team. Our success has been, and will continue to be formed on the people that make client needs and satisfaction a priority,” said Jim Bailey, Cambium vice president, external services. “We’re beyond excited to join the Englobe team to continue to deliver professional services from a proudly Canadian firm.”

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