Business Moves

*Editor’s note: Business Moves is a new regular feature from SiteNews that collects all the major corporate announcements impacting Canadian construction. If you have an announcement you want to make, email us at hello@readsitenews.com

Béton Provincial, the largest Canadian-owned company in the concrete and cement industry, has acquired assets from CRH Canada in Quebec, Newfoundland, Labrador and New York. Béton says this strengthens its distribution network, product offerings, and supply chain. The acquisition is expected to benefit the region’s economy and allows Béton Provincial to invest in green concrete initiatives.

Delta Water Products Group is consolidating its position in the water industry through a strategic rebranding and acquisitions. They’ve recently acquired WaterTec Irrigation Ltd., Arndt Motor & Pump Service, and Aquateck West, folding them into their existing Delta Water Products and Delta Irrigation brands under the new umbrella of DELTA WATER PRODUCTS GROUP. This unification aims to provide a wider range of irrigation, pumps & motors, waterworks, wildfire response, and HD conduit solutions across Western Canada and the Pacific Northwest.

CarbonCure, a Halifax-based clean technology company, has officially launched its operations in the United Arab Emirates. According to CarbonCure, the rapidly growing market is valued in the tens of billions annually and presents a significant opportunity for its technology. To solidify their presence,CarbonCure has secured partnerships with key players in the region, including Emirates Beton Ready Mix, Tremix, and industrial gas supplier Gulf Cryo. This collaboration was formally acknowledged during a signing ceremony held at the UAE government’s Make It In The Emirates Forum.

Enbridge Inc., a multinational pipeline and energy company based in Calgary, has acquired Questar Gas, a natural gas distribution company serving 1.2 million customers in Utah, Wyoming and Idaho. Questar Gas will join Enbridge’s Gas Distribution and Storage Business Unit and is expected to contribute significantly to Enbridge’s long-term dividend growth.

Barnhart Crane and Rigging, a major North American lifting and logistics company, has acquired NCSG, a leading crane and heavy haul services provider in Western Canada. This marks Barnhart’s first international expansion and its largest acquisition to date. NCSG brings a strong network of branches and roughly 400 employees with expertise in various industries, significantly boosting Barnhart’s presence in Canada.

Anthem Properties and Streamliner Properties have jointly acquired Carlingwood Mall, a shopping center in Ottawa. The mall sits in a growing area with limited housing and will be redeveloped in phases to incorporate new residential units while maintaining commercial space and serving the community.

Reconciliation Energy Transition Inc. (REIT) has entered into a joint development agreement with Sumitomo Corporation, a leading global trading company based in Tokyo, Japan, through its subsidiary Ammolite Carbon Sequestration (collectively known as Sumitomo Corporation Group). RETI and Sumitomo Corporation Group have finalized the terms under which Sumitomo Corporation Group will acquire a significant equity interest in the RETI East Calgary Region Carbon Transportation and Sequestration Hub project. The Hub is an open access CO2 sequestration-as-a-service solution for industrial emitters within the greater Calgary region and beyond with potential storage capacity of up to 10 million tonnes per annum.

Atlas Engineered Products (AEP), known for acquiring and operating operations in Canada’s truss and engineered products industry, is partnering with Westhaven Builders to supply materials for a senior living project in Michigan. AEP says the project is valued at $800,000 and strengthens its presence in the U.S. market while showcasing its ability to handle large-scale construction projects. 

AtkinsRéalis, a project management company, has welcomed Bird Construction, Millwright Regional Council and AECON as ambassadors of the Canadians for CANDU campaign. This campaign promotes the use of CANDU nuclear technology in Canada and abroad to fight climate change and strengthen the domestic nuclear industry.

GMS Inc., a building product distributor, is acquiring Yvon Building Supply, a company offering various construction materials in Ontario. This acquisition will expand GMS Canada’s services and product offerings in the province, allowing them to better serve their growing customer base. Yvon’s team will join GMS upon closing and continue operating under the Yvon brand name while integrating with GMS’s existing services.

Colliers, a diversified professional services company, is acquiring Englobe, a Canadian engineering and environmental services firm, for $475 million. This move expands Colliers’ presence in Canada and aligns with their strategy of growing recurring revenue streams. Englobe will be rebranded as Colliers in 2025 but will maintain its leadership team under Colliers’ partnership model.

Buffalo River Dene Nation (BRDN) partnered with Threeosix Industrial to launch Buffalo Contracting, an Indigenous-led company providing contracting services for Saskatchewan’s growing industrial and mining sector. This partnership aims to create high-quality jobs, training opportunities, and economic development for the community while promoting diversity and inclusion in the workforce.

Relay Transition Partners has announced that Pacific Radiator Mfg. Ltd. has been acquired by Petwin Private Equity. Pacific Radiator is the largest manufacturer of replacement copper-brass radiator cores and tanks in Western Canada. Servicing clients across Western Canada and the Pacific Northwest, the Company is known for its high-quality products, excellent customer service, and fast turnaround times. Relay Transition Partners acted as financial advisor to Pacific Radiator.

The Hoffmann Family of Companies (HFOC), a U.S.-based family owned private equity firm, has acquired majority ownership of CDN Controls (CDN)—a leading player in electrical and instrumentation maintenance, automation, communication and renewable/solar services. CDN operates across 10 branches, employs over 700 professionals and manages an expansive fabrication facility. 

SiteMax has announced a strategic partnership with The Net Effect, a digital business consulting firm for construction companies. The partnership brings together SiteMax’s construction management platform with The Net Effect’s expertise in digital business consulting for the construction industry. By joining forces, the two companies stated that they aim to offer comprehensive solutions to construction businesses, empowering them to streamline their processes, enhance efficiency, and achieve sustainable growth.

EllisDon has launched a new sub-brand, Building Digital, to provide technology services and products specifically for the AEC industry. With their experience in EllisDon’s Digital & Data Engineering Division, the Building Digital team aims to bridge the gap between the potential of technology and its usage in AEC by offering consulting services and developing tech products to help professionals adopt new technologies.

The Universal Group announced the latest expansion of its group of companies through the acquisition of Energetic Traffic Control Ltd. (ETC), a provider of comprehensive traffic management solutions based in Fort St. John, B.C. Universal also recently announced its entry into the U.S. through the acquisition of Advanced Traffic Control (ATC). ATC is based in Auburn, Washington and was founded by Jeff McLaughlin and Darrin Tish in 2015. ATC is primarily focused on providing traffic control services for large multi-year infrastructure projects on interstates and freeways across Washington State.

SitePartners, a marketing agency that specializes in the industrial sector, has announced the creation SiteHQ, the first industrial studio in Canada. The 10,000-square-foot space was custom built in Abbotsford, B.C.’s growing Rail District. SitePartners Founder and President Andrew Hansen stated that Site wanted a hybrid space: a production studio and office that would allow the firm to grow with its clients and create industry-leading work. The new space will be a place for the construction industry to connect, gather and build community.