BM Group expands construction portfolio with acquisition of Vancouver Ready Mix and Fraserway Prekast
BM Group has acquired Vancouver Ready Mix and Fraserway Prekast, supporting its growing portfolio of construction, project management, material supply, and land development companies.
"BM Group now represents fourteen active independent businesses, offering a comprehensive network of complementary businesses to our clients," said Balraj Mann, Chairman and CEO, BM Group. "Our financial strength matched by our portfolio of businesses brings cost savings, time efficiencies, and other benefits to our clients."
The acquisition included fleet, equipment, property, goodwill, and unique opportunities in manufacturing concrete products. Both Vancouver Ready Mix and Fraserway Prekast will maintain their brand identities while becoming part of a local company with established roots in the construction industry.
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