Northwire Canada EditionFriday, July 24, 2026
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AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%
M&A / Property

Bird Construction closes Fraser River Pile acquisition

BDT · Price

Executive Summary

  • Bird Construction Inc. has completed its previously announced acquisition of Fraser River Pile & Dredge (FRPD).
  • The deal expands Bird’s self‑perform platform in marine infrastructure, land foundations and dredging, supporting its 2027 financial targets and long‑term growth strategy.
  • FRPD was purchased from majority owner TriWest Capital Partners.

Key Details

  • Acquisition of Fraser River Pile & Dredge (FRPD) is now fully closed.
  • Seller: TriWest Capital Partners (majority owner).
  • Transaction expands Bird’s capabilities in marine infrastructure, land foundations and dredging.
  • The combined entity aims to capitalize on federal government focus on nation‑building projects, especially ports and marine work.
  • Integration expected to enhance indigenous partnerships and support Bird’s 2027 financial targets and long‑term growth strategy.

Notable Quotes

“We are pleased to welcome the FRPD team to Bird, marking an important milestone for both companies,” said Teri McKibbon, President and CEO of Bird.
“FRPD's expertise … significantly expands our self‑perform platform… position us to advance Canada’s infrastructure priorities while driving progress toward our 2027 financial targets and long‑term growth strategy.”

Read the original news release →

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