Bird to Acquire Canada’s Largest Marine Infrastructure, Land Foundation and Dredging Company for $82.3 Million; Catalyst for Future Growth

TRANSACTION HIGHLIGHTS

MISSISSAUGA, Ontario, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) (“Bird” or “the Company”) announced today that it has entered into a definitive share purchase agreement (the “Agreement”) under which Bird will acquire Fraser River Pile & Dredge (“FRPD”) for estimated aggregate consideration of $82.3 million (the “Transaction”). The Transaction, pending relevant regulatory approvals and the satisfaction of other customary closing conditions, is expected to be completed early in the fourth quarter of 2025.

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