SNC Becomes AtkinsRéalis in Bid to Move Past a Difficult Era

SNC-Lavalin Group Inc. is looking to turn the page on an era of underperformance and scandals with a new name: AtkinsRéalis.

The moniker is a nod to WS Atkins Plc, the UK engineering firm SNC bought in 2017, as well as the company’s roots and headquarters in the French-speaking Canadian city of Montreal. Its ticker symbol on the Toronto Stock Exchange will switch from “SNC” to “ATRL” on Sept. 18.

SNC-Lavalin had become associated with a series of missteps, including charges for bribery in Libya and a political imbroglio that complicated Prime Minister Justin Trudeau’s 2019 reelection bid. But ...