Bird to acquire marine construction firm Fraser River Pile & Dredge

AI Article Summary
Bird Construction Inc. is set to acquire Fraser River Pile & Dredge (FRPD) for approximately $82.3 million, with the transaction expected to finalize in early 2025. FRPD, a leading marine construction and dredging company based in New Westminster, B.C., has a strong reputation for quality work across Canada. This acquisition aims to integrate FRPD's expertise into Bird's operations, enhancing its capacity to undertake large-scale projects in Canada. The merger underscores both companies' historic roles in significant Canadian infrastructure projects.