Granite Construction Acquires Coast Mountain Resources (Operator of Bamberton Quarry)

April 25, 2023

Granite Construction (NYSE: GVA) has completed the acquisition of Coast Mountain Resources (2020) Ltd., the operator of the Bamberton Quarry on Vancouver Island, British Columbia, located on Malahat First Nation land. The acquisition strengthens Granite's vertically integrated construction materials footprint in its home markets and Granite says it will work with the Malahat First Nation to manage a safe and environmentally responsible operation.

Buyers
Granite Construction (Granite, NYSE:GVA)
Targets
Coast Mountain Resources (2020) Ltd.
Industry
Construction
Location
British Columbia, Canada
Transaction Type
Buyout

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