Announced

North American Construction Group to acquire Iron Mine Contracting for $115m.

Synopsis

North American Construction Group, a mining and heavy construction services provider, agreed to acquire Iron Mine Contracting, a diversified mining services contractor, for $115m. “Partnering with NACG and the MacKellar Group is a strategic accelerator for IMC, allowing us to meet our customers’ expanding needs within a strong market. This significantly scales our growth potential while preserving the strong culture, agility and customer focus that have always defined our business. We look forward to immediately leveraging NACG’s balance sheet and extensive equipment fleet to pursue a greater number of larger projects as this partnership will surely expand our client base and commodity market presence,” Clinton Keenan, Iron Mine Contracting CEO.

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MergerLinks - North American Construction Group to acquire Iron Mine Contracting for $115m.