BM Group acquires Canadian custom metal fabricator LE Steel Fabricators
BM Group of Companies (BM Group) has acquired LE Steel Fabricators, a British Columbia-based custom fabricator of engineered, structural steel, stainless steel, aluminum products, and components.
The financial terms of the deal were not disclosed.
Established in 1989, LE Steel Fabricators is specialized in the marine industry, and mainly works in conjunction with pile driving contractors.
Peter VandeBurgt — owner of LE Steel said: “What stuck out to me was the genuine interest BM Group showed in the LE Steel family.
“I could tell that taking care of LE Steel’s people—our employees and customers—was their top priority.”
The acquisition of LE Steel Fabricators is expected to help BM Group further underpin its portfolio of construction, project management, land development, and material supply companies.
LE Steel Fabricators is the 15th independent business of BM Group.
The deal includes LE Steel Fabricators’ industrial property, equipment, and warehouse.
Milan Mann — BM Group Real Estate Development and Construction President said: “It enables us to enter an existing industry from a different angle, while executing on larger repair and restoration projects, and continue driving toward our mission of ‘restoring the future.
“Our clients and industry partners can rest assured knowing that BM Group and LE Steel will continue to deliver the exceptional, reliable work these companies have done for decades.”