ATCO buys Triple M Modular as part of homebuilding strategy
Triple M Modular Housing is the largest manufacturer of modular homes in Western Canada.
ATCO Ltd. has acquired Triple M Modular Housing, a leading North American manufacturer of factory-built, modular housing based in Lethbridge, Alta. Triple M will now operate as a specialized housing division for ATCO Structures within Canada.
“This acquisition boosts ATCO’s status as a global leader and innovator in modular construction, offering our customers a diverse range of modular products from residential to commercial to industrial,” said Adam Beattie, president, ATCO Structures. “Triple M’s ability to deliver affordable, high-quality homes within a short construction timeline is a strategic advantage for us in the current housing market.”
Established in 1981, Triple M is the largest manufacturer of modular residential homes in Western Canada. With more than 300 production employees and an experienced management team, Triple M constructs residential homes and associated products from its 230,000 square foot climate-controlled manufacturing facility. The company has an extensive dealer network in Canada that retails Triple M products to the residential housing market.
The founding business line of ATCO group, ATCO Structures has been in business for 75 years. With manufacturing facilities in Canada, the United States, Mexico, Chile and Australia, ATCO Structures provides global solutions for workforce housing, hotels, medical facilities, schools, multi-family housing and more. ATCO has approximately 6,400 employees and assets of $23 billion.
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