Posted on August 19, 2016 - Ewen Dobbie
Dowco acquires leading South American steel detailing and structural engineering firm.
Surrey, Canada: The Dowco group of companies ('Dowco') today annouced that it has acquired Acuña & Associados S.A. The acquisition closed Thursday, August 18th, 2016.
Acuña is a leading Steel Detailing and Structural Engineering firm located in Santiago, Chile which serves companies across the world.
The acquisition allows Dowco to expand its global steel detailing network while enhancing their best-in-class technology platform. It will also increase Dowco’s global pool of resources for rapid deployment on large scale project works and to help better serve both companies collective fabricator customers. The acquisition of Acuña enables the Dowco Group to explore its full potential to capture more of the global steel detailing market.
Ewen Dobbie, CEO, Dowco, commenting on the acquisition, said, ‘It is Dowco’s ambition to become the pre-eminent 3D modelling, steel detailing services company worldwide; to be the ‘go-to’, or industry standard global provider of steel detailing services. Size, geographic location, operational cost, reputation, and overall brand playing a key role supporting this mandate. The acquisition of Acuña is an exciting step forward in our strategic plan to be the number one provider of steel detailing services worldwide.’
On this transaction, Dowco was represented by Madison Street Capital, Baker Mackenzie, and the John J. Casey Personal Law Corporation.
Acuña y Asociados S.A. is a large Steel Detailing and Structural Engineering firm located in Santiago, Chile that provides detail engineering services to diverse design and structural fabrication companies in the steel and reinforced concrete sectors. Their experience and professional competence are their most precious assets which motivate staff to continuously improve client satisfaction serving their needs and expectations with levels of the the highest quality. Utilizing a sophisticated technology platform, they are able provide steel design, detailing and connection design services. Acuña is member of AISC (American Institute of Steel Construction Inc.) and NISD (National Institute of Steel Detailing).
Dowco is a leading globally integrated Steel Detailing, Pre-Construction and BIM (Building Information Modeling) Services company. Size, global reach, adoption of leading edge technology, software, innovative and collaborative work processes keep Dowco’s employees challenged and productive for the benefit of their customers. Dowco’s professional service solutions are unrestricted by geographical boundaries serving regional, national and international markets. During its forty-six years in business Dowco has looked for innovative ways to elevate itself from its competition. Techniques in detail engineering have changed dramatically over the past few decades. Dowco’s ability to recognize change and embrace new technologies sets it apart from its competitors and has allowed Dowco to grow at an unprecedented rate in the industry.