VINCI acquires Peters Bros Construction in British Columbia, Canada

Core Insights - VINCI Construction has completed the acquisition of Peters Bros Construction Ltd, a paving company in British Columbia, Canada, which reported an annual revenue of approximately CAD 90 million in 2024 [1][6]. Company Overview - Peters Bros Construction, founded in 1981, is based in the Okanagan Valley and employs around 140 people during peak season, primarily operating in the BC interior region [2][6]. - The acquisition will enhance VINCI Construction's presence in Western Canada, where it already has operations in Vancouver, Alberta, and Saskatchewan, facilitating greater synergies and operational capabilities [3][6]. Market Context - The population of British Columbia is projected to grow by 50% by 2046, indicating a rising demand for road infrastructure, which the acquisition aims to support [3].