CALGARY — Atco Ltd. says it has acquired Triple M Modular Housing, a manufacturer of factory-built, modular housing based in Lethbridge, Alta.
Financial terms of the agreement were not immediately available.
The Calgary-based structures and logistics company company says Triple M will operate as a specialized housing division for Atco Structures within sa¹ú¼Ê´«Ã½.
Established in 1981, Triple M has more than 300 production employees and an experienced management team.
The company also has an extensive dealer network in sa¹ú¼Ê´«Ã½.
Atco Structures president Adam Beattie says the acquisition will boost the company's status as a global leader and innovator in modular construction.
This report by The Canadian Press was first published Jan. 4, 2023.
Companies in this story: (TSX:ACO.X, TSX:ACO.Y)
The Canadian Press