BM Group expands steel and aluminum fabrication network with LE Steel acquisition
BM Group of Companies (BM Group) has acquired LE Steel Fabricators Ltd., further supporting its portfolio of construction, project management, material supply, and land development companies.
After acquiring LE Steel, BM Group now represents over fifteen independent businesses, offering a comprehensive network of complementary businesses to the company's clients. BM Group's portfolio of businesses brings cost savings, efficiencies, and other benefits to its clients.
With over 30 years of experience in the custom fabrication of engineered, structural steel, aluminum and stainless steel products, and components, acquiring LE Steel was a natural step in BM Group's expansion.
"It enables us to enter an existing industry from a different angle, while executing on larger repair and restoration projects, and continue driving toward our mission of ‘restoring the future,'" says Milan Mann, president of real estate development and construction at BM Group.
LE Steel has been relied upon for decades to deliver on large-scale projects across British Columbia.
"Our clients and industry partners can rest assured knowing that BM Group and LE Steel will continue to deliver the exceptional, reliable work these companies have done for decades," said Mann. "Now, we'll just be able to do more of it."
Peter VandeBurgt, owner of LE Steel, said BM Group was the obvious choice for the acquisition.
"What stuck out to me was the genuine interest BM Group showed in the LE Steel family," said VandeBurgt. "I could tell that taking care of LE Steel's people–our employees and customers–was their top priority."
VandeBurgt will remain with LE Steel for one year to help manage the transition.
The acquisition included LE Steel's industrial property, warehouse, and equipment.