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TORONTO (CP)--A joint venture of industrial services company Bracknell Corp. and engineering giant SNC-Lavalin Inc. has acquired Bell Canada's Nexacor Realty property management company.
Financial terms of the deal, announced earlier this week, were not disclosed.
The joint venture, known as Profac Facilities Management Services Inc., will provide management and real estate services to Bell Canada under a 10-year contract Nexacor has signed with the biggest phone company in Canada.
"This agreement establishes Profac as the leader in the provision of facility management services in the fast...