Yesterday evening Vinci Construction announced that it has acquired Peters Bros Construction, a paving company providing road construction services and asphalt products in British Columbia, Canada.
The company had annual revenue of approximately C$90m in 2024.
Peters Bros operates primarily in the interior of British Columbia, with regular projects in the Dawson Creek, Williams Lake, Merritt, Kelowna, and Penticton areas.
This acquisition will strengthen Vinci Construction's presence in Western Canada, where it already operates in the Vancouver area, Alberta, and Saskatchewan.
"With a projected population growth of 50% by 2046, this acquisition will enable us to meet British Columbia's road infrastructure needs," the group said.
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VINCI is the world leader in construction, concessions and related services. Net sales (including intragroup) break down by activity as follows:
- design and construction of infrastructure (42.8%; VINCI Construction): primarily in the fields of building, civil engineering and hydraulics. In addition, the group is developing a business in the construction, renovation and maintenance of transport infrastructure (roads, freeways and railroads; Eurovia), in the production of aggregates (No. 1 in France) and in urban development;
- design, execution, and maintenance of energy and telecom infrastructures (39.4%; VINCI Energies and Cobra IS);
- sub-contracted infrastructure management (16.3%; VINCI Concessions): primarily managing roads and highways (mainly through Autoroutes du Sud de la France and Cofiroute), parking areas, airport activities;
- other (1.5%): primarily property development (residential properties, business properties, managed residences and property services).
Net sales are distributed geographically as follows: France (41.3%), the United Kingdom (9.9%), Germany (8.7%), Spain (5.1%), Europe (14.6%), North America (7.3%), Central and South America (5.8%), Africa (2.3%) and other (5%).
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