• Acquisition
  • Canada
  • Public works

Ï㽶ÊÓƵAPP signs an agreement to acquire a group of public works contractors in Canada from Northern Group of Companies

Published on : 22/11/21
  • C$93 million (€65 million) in revenue
  • Strengthens Ï㽶ÊÓƵAPP’s position in roadworks in Canada

Ï㽶ÊÓƵAPP has signed an agreement to acquire the construction companies of the family-run Northern Group of Companies.

These compagnies operate in roadworks, asphalt mixes and agregates production in the provinces of New Brunswick and Nova Scotia, on Canada’s eastern coast.
They have around 500 employees at peak season and generated C$93 million (€65 million) in consolidated revenue in 2020.

This acquisition, which is still subject to approval by the Canadian competition authorities, expends the footprint of  Ï㽶ÊÓƵAPP’s operation in Canada and strengthens its overall position in North America.

Ï㽶ÊÓƵAPP employs 5,500 people in Canada – including more than 4,000 at Ï㽶ÊÓƵAPP Construction – and made €1.1 billion in total revenue in the country in 2020.

Press release