North American Construction Group Closes Acquisition Of Mackellar Group And Establishes Transition Team
Acquiring Company
North American Construction Group Ltd
Acquired Company
MacKellar Group
Acheson
AustraliaMiningConstructionBuilding MaintenanceCivil EngineeringManufacturingMiningConstructionDescription
North American Construction Group Ltd. (“NACG” or the “Company”) (TSX:NOA) today announced the closing of its acquisition of MacKellar Group (“MacKellar”), with an effective date of October 1, 2023. Total expected consideration is $395 million (the “Consideration”), with the final Consideration amount to be determined based on MacKellar’s audited financial statements as of September 30, 2023, which will be reflected in the Company’s financial statements for the year ending December 31, 2023. The Transaction was previously announced on July 26, 2023.
Other recent acquisitions in Mining and Construction
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Mbp Group Acquires Summit Stairs And Millwork (September 6, 2023)
- Roofed Right America Acquires Upstate Roofing & Painting (November 6, 2023)
- Huizenga Group Acquires Adaptek Systems And Api Alliance (November 1, 2023)
- Dream Finders Homes Acquires Beazer Homes USA (October 11, 2023)
- Young & Associates Acquires In-Line Consulting, Llc (September 25, 2023)
- Esi Acquires Metro Elevator, Based In The Twin Cities, Minnesota (September 5, 2023)
Who to call at North American Construction Group Ltd, and when
When North American Construction Group Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day North American Construction Group Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at North American Construction Group Ltd, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at North American Construction Group Ltd. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment North American Construction Group Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired MacKellar Group?
MacKellar Group was acquired by North American Construction Group Ltd, based in Acheson. The deal was reported on October 4, 2023. North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Canada, the U.S. and Australia. North American Construction Group Ltd is publicly traded (NOA) and operates in Mining.
When did North American Construction Group Ltd acquire MacKellar Group?
North American Construction Group Ltd's acquisition of MacKellar Group was reported on October 4, 2023. North American Construction Group Ltd. (“NACG” or the “Company”) (TSX:NOA) today announced the closing of its acquisition of MacKellar Group (“MacKellar”), with an effective date of October 1, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MacKellar Group do?
Established in 1966 based on humble family values MacKellar has earned an enviable reputation in the industry for performance and reliability. It is privately held, operating in Manufacturing, and is based in Australia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.