financetom
Business
financetom
/
Business
/
Bird Construction Completes Acquisition of Fraser River Pile & Dredge to Expand Marine Infrastructure Capabilities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bird Construction Completes Acquisition of Fraser River Pile & Dredge to Expand Marine Infrastructure Capabilities
Oct 14, 2025 9:01 AM

11:30 AM EDT, 10/14/2025 (MT Newswires) -- Bird Construction ( BIRDF ) Tuesday said it successfully completed its previously announced deal to buy Fraser River Pile & Dredge (FRPD).

"FRPD's expertise in marine infrastructure, land foundations, and dredging significantly expands our self-perform platform and broadens the solutions we deliver to clients," said Bird Construction ( BIRDF ) chief executive Teri McKibbon.

"With the federal government focused on accelerating nation-building projects, particularly those with major port and marine requirements, the combined strengths of our teams, together with our shared commitment to meaningful Indigenous partnerships, position us to advance Canada's infrastructure priorities while driving progress toward our 2027 financial targets and long-term growth strategy," added McKibbon.

The company said FRPD was acquired from majority owner TriWest Capital Partners, a Calgary, Alberta based private equity firm.

Shares of the company were last seen down 0.4% at $30.16 on the Toronto Stock Exchange.

Price: 30.15, Change: -0.13, Percent Change: -0.43

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved