VINCI acquires Peters Bros Construction in British Columbia, Canada
- Acquisition by VINCI Construction of Peters Bros Construction Ltd, a paving company
- 140 employees, annual revenue of about CAD 90 million (€57 million) in 2024
- Strengthening the VINCI Construction’s footprint in Western Canada
VINCI Construction finalised the acquisition of Peters Bros Construction Ltd, a paving company providing roadwork services and asphalt products in the province of British Columbia in Canada. The company registered an annual revenue of about CAD 90 million in 2024.
Founded in 1973 and based in the Okanagan Valley, Peters Bros employs 140 people at peak season and operates mainly in the BC interior region, with regular projects in the Dawson Creek, Williams Lake, Merritt, Kelowna and Penticton areas.
The acquisition will strengthen VINCI Construction presence in Western Canada where it already operates in the Vancouver area, in Alberta and in Saskatchewan, allowing for greater synergies and operational capability. With the province's population expected to grow by 50% by 2046, the acquisition will support British Columbia’s road infrastructure needs.
About VINCI
VINCI is a world leader in concessions, energy solutions and construction, employing 285,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.
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