News Summary

Pomerleau’s subsidiary, ITC Construction Group, has entered into an agreement to acquire Farmer Construction Ltd., a leading player in British Columbia’s residential and commercial construction sectors. This strategic acquisition is part of ITC Group’s recent expansion initiatives, which include opening a new office in Toronto and integrating a team in Victoria, enhancing its existing presence in Vancouver, Calgary, and Edmonton. The acquisition, which has been approved by the boards of directors of both ITC Group and Farmer, aims to strengthen ITC’s regional footprint in Western Canada and bring together complementary capabilities in construction. Farmer Construction, with over 70 years of experience, will continue to operate under its existing name once the transaction is approved by the Competition Bureau.