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ATCO Structures Grows North American Modular Capabilities with Acquisition of NRB Modular Solutions

Newswire.ca - Thu Jun 6, 6:00AM CDT

CALGARY, AB, June 5, 2024 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)

ATCO Ltd. announced today that its Structures division has acquired NRB Ltd. (NRB), a leading Canadian manufacturer of modular industrial, educational and residential buildings for a purchase price of $40 million, payable in cash and subject to normal closing adjustments and conditions, including competition bureau review. The transaction is expected to close near the end of July 2024.

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