Bird Construction to buy Stuart Olson; most of $96.5 million going to lenders

MISSISSAUGA, ONT. — Bird Construction Inc. will acquire Calgary-based construction services company Stuart Olson Inc. in a deal valued at $96.5 million. The combined business would employ about 5,000 people across Canada and generate about $2.5 billion in annual revenue. It also expects $25 million in cost savings by the end of 2021. Under the … Continue reading Bird Construction to buy Stuart Olson; most of $96.5 million going to lenders