IBI Group Announces Acquisition of Environmental Consulting Firm, Teranis

TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Global design and technology firm, IBI Group Inc. (TSX: IBG) (“IBI” or the “Company”), announced today that it has completed the purchase of British Columbia-based Teranis Consulting Ltd. (“Teranis”), (the “Acquisition”). Teranis is a scientific and environmental consulting firm specializing in environmental investigation, remediation and risk assessment, with a focus on supporting First Nations communities. The Acquisition complements IBI’s existing sustainability and environmental management business, and supports the Company’s goal of fostering improved relations with Indigenous communities in Canada and across North America.

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