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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved