VINCI Construction has finalised the acquisition of Peters Bros Construction, a Canadian paving company specialising in roadwork services and asphalt products.
This move is set to bolster VINCI’s operations in Western Canada, particularly in the British Columbia interior region where Peters Bros is well-established.
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Peters Bros, founded in 1981 and headquartered in the Okanagan Valley, employs up to 140 people during peak season.
The company, which primarily operates in areas such as Dawson Creek, Williams Lake, Merritt, Kelowna, and Penticton, reported annual revenues of approximately C$90m ($70.2m) in 2024.
VINCI Construction already operates in the Vancouver area, as well as in Alberta and Saskatchewan.
With British Columbia’s population projected to grow by 50% by 2046, VINCI aims to meet the increasing demand for road infrastructure in the province.
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By GlobalDataVINCI, a global player in concessions, energy solutions, and construction, employs 285,000 people in more than 120 countries. The company is involved in designing, financing, building, and operating infrastructure.
In recent developments, Balfour Beatty VINCI’s (BBV) tunnel boring machine, Mary Ann, completed the first bore of the 5.8km Bromford Tunnel, a significant step in the UK’s High Speed Two railway project. A team of 450 from BBV achieved this milestone in under two years.
Additionally, in April this year, VINCI Building was selected by Muse and Bury Council as the contractor for the over £100m redevelopment of the Longfield Centre in Prestwich, England.
VINCI will commence work on the project, following initial stages led by Chroma Consulting, starting with the construction of the Travel Hub at the site.
