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Announced

ATCO Structures to acquire NRB Modular Solutions from Dexterra for $40m.

Synopsis

ATCO Structures, a modular shelter solutions provider, agreed to acquire NRB Modular Solutions, a modular building solutions designer and provider, from Dexterra, a facility management services provider, for $40m. "ATCO is excited about the opportunity to expand NRB's modular business capabilities, particularly in the manufacturing of multi-family and affordable housing modular construction solutions," "There is no doubt that NRB has been a market leader in this space, we want to continue to build on this expertise, and we believe ATCO, a Canadian company that has pioneered the modular industry globally, is a fantastic complement to bring out the best in NRB's future," Adam Beattie, ATCO Structures President.

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