AtkinsRéalis Acquires U.S.-based C2AE Architecture and Engineering Firm

MONTREAL, Nov. 10, 2025 /PRNewswire/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, announced today that it has acquired C2AE, Inc. ("C2AE") a Michigan-based architecture and engineering firm with eight locations and approximately 120 professionals across Michigan and upstate New York.

The transaction underscores AtkinsRéalis' commitment to accelerating growth in the U.S. by complementing the Company's footprint in the U.S. Upper Midwest and further building technical solutions and capabilities. Founded in 1966 and headquartered in Lansing, Michigan, C2AE provides architecture, civil, structural, mechanical, and electrical engineering services. Their client base includes state and local governments, transportation agencies, and private-sector organizations, with primary end-markets in Water, Transportation and Buildings & Places.

"We are delighted to welcome C2AE to AtkinsRéalis," said Ian L. Edwards, President and CEO of AtkinsRéalis. "This acquisition strengthens our presence in the Upper Midwest, expands our capabilities in key growth end-markets such as Water, and aligns with our U.S. Land and Expand strategy. By combining our expertise and shared commitment to excellence, we are well positioned to deliver comprehensive solutions and long-term value to our clients."

"There's a real sense of excitement across C2AE as we look to join AtkinsRéalis," said Bill Kimble, President of C2AE. "This agreement sets the stage for immediate collaboration and long-term growth. Together, we can take on more complex projects, broaden our impact in the communities we are so proud to serve, and create new opportunities for our valued employees."

This combination is rooted in a proven track record, with AtkinsRéalis and C2AE having already collaborated successfully on several projects together in the past. 

"At AtkinsRéalis, our people are our greatest strength, and partnerships like this are built on trust," said Steve Morriss, President, U.S., Latin America, and Minerals & Metals of AtkinsRéalis. "We have seen firsthand the strength of C2AE's team and the alignment of our values through past collaborations. This acquisition is rooted in mutual respect, a shared people-first culture, and a joint commitment to delivering world-class services to the Upper Midwest."

About AtkinsRéalis    

Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital.  News and information are available at www.atkinsrealis.com  or follow us on LinkedIn. 

Forward-Looking Statements

References in this press release to the "Company", "AtkinsRéalis", "we", us" and "our" mean, as the context may require, AtkinsRéalis Group Inc.  or all or some of its subsidiaries or joint arrangements or associates. Statements made in this press release that describe the Company's expectations or strategies, including with respect to the acquisition of C2AE (the "Transaction"), constitute "forward-looking statements" and can be identified by the use of the conditional or forward-looking terminology such as "estimates", "expects", "forecasts", "intends", "may", "objective", "plans", "projects", "should", "will", "likely", or other variations thereon. Forward-looking statements also include any other statements that do not refer to historical facts. The Company cautions that, by their nature, forward-looking statements involve risks and uncertainties, and that its actual actions or results could differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of the Company's current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of the Company's business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements made in this press release are based on a number of assumptions believed by the Company to be reasonable as at the date hereof and are subject to important risks and uncertainties; management's estimates and expectations in relation to future economic and business conditions and other factors in relation to the Transaction and resulting impact on growth and accretion in various financial metrics; and the absence of significant undisclosed costs or liabilities associated with the Transaction.

The forward-looking statements herein reflect the Company's expectations as at the date of this press release and are subject to change after this date. The Company does not undertake to update publicly or to revise any such forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable legislation or regulation. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.

SOURCE AtkinsRéalis