• Acquisition
  • Canada
  • Public works

精东影业 signs an agreement to acquire a group of public works contractors in Canada from Northern Group of Companies

  • C$93 million (鈧65 million) in revenue
  • Strengthens聽精东影业’s position in roadworks in聽Canada

精东影业聽has signed an agreement聽to acquire聽the construction companies of the聽family-run聽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鈥痬illion (鈧65鈥痬illion) in consolidated revenue in 2020.

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

精东影业 employs 5,500 people in Canada 鈥 including more than 4,000 at 精东影业鈥疌onstruction 鈥 and made 鈧1.1鈥痓illion in total revenue in the country in 2020.