Vinci SA (Vinci Construction) is acquiring B.C.-based paving firm Peters Bros Construction Ltd.
The French construction giant announced the finalization of the sale Monday.
Terms of the deal were not disclosed, but Vinci Construction revealed in the announcement that Peters Bros generated $90 million in revenue in 2024.
The Okanagan Valley company has 140 employees during peak season and operates mainly in the B.C. Interior, with regular projects in Dawson Creek, Williams Lake, Merritt, Kelowna and Penticton, according to a press release.
Vinci has offices in Vancouver, Alberta and Saskatchewan.
The French firm employs 285,000 people in more 120 countries.
