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Eiffage acquires Canadian civils company

26 Jun 14 Eiffage Travaux Publics has acquired a 70% stake in Innovative Civil Constructors, which is based in Niagara Falls, Canada.

The  company specialises in the construction and rehabilitation of civil engineering structures. It was founded in 2011 by a team that will remain unchanged and is expected to generate nearly CA$100m (£55m) in sales this year. There are about 100 people in the workforce, which serves public and private sector clients across Canada.

The acquisition is seen as representing a new step forward in Eiffage’s international strategy, opening the door for Eiffage Travaux Publics to operate in the dynamic Canadian infrastructure market.

Construction News