Bird Construction (TSE:BDT) has released an update.
Bird Construction Inc. has announced the acquisition of Jacob Bros Construction, a significant player in British Columbia’s civil infrastructure market, for $135 million. The deal is anticipated to boost Bird’s adjusted earnings per share by 10% and expand its presence with a focus on specialized, high-margin projects. This strategic move is expected to provide Bird with access to larger-scale projects and enhance career opportunities for its employees.
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