Bird Construction Expands with $135M Acquisition
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.
For further insights into TSE:BDT stock, check out TipRanks’ Stock Analysis page.
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.