Bird to acquire FRPD
Bird is pleased to announce it has entered into a definitive share purchase agreement with Fraser River Pile and Dredge (GP) Inc. (FRPD).
Headquartered in New Westminster, BC, FRPD has been a cornerstone of Canada’s marine construction industry since 1911. The company employs more than 300 people and is recognized for delivering large-scale projects safely and efficiently across the country—from northern infrastructure support and dredging in the St. Lawrence Seaway to marine remediation in Hamilton Harbour.
With a versatile fleet and deep self-perform expertise, FRPD is ideally positioned to meet Canada’s increasing demand for infrastructure supporting transportation, trade defence and energy.
The acquisition of FRPD builds on Bird’s national infrastructure presence, adding marine construction and land foundation self-perform capabilities.
About Bird Construction Inc.
Bird (TSX: BDT) is a leading Canadian construction company serving industrial, infrastructure and institutional markets across the country. With over a century of experience, Bird is known for delivering complex projects with a focus on safety, quality and sustainability.
“We are honoured to bring together two historic companies who have been foundational in building Canada. Together, we’ll access even larger, more sophisticated projects, supporting Bird’s strategic goals for growth and continued margin accretion.” – Teri McKibbon, President and CEO, Bird Construction
Teri McKibbon, President & CEO, Bird Construction
About FRPD
Founded in 1911, FRPD is Canada’s largest marine infrastructure, land foundation and dredging contractor, headquartered in New Westminster, BC. The company has delivered projects across Canada’s coasts and inland waterways, and is renowned for its technical expertise and safety culture.
“The acquisition by Bird is a pivotal part of FRPD’s nearly 115-year journey, as we combine our service offerings with a company that has shaped the Canadian landscape for over a century. FRPD’s culture of high-quality delivery and self-perform capabilities, augmented by Bird’s extensive resources and complementary services, is a winning combination for the future.”
Sarah Clark, President & CEO, FRPD