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0.0367751060820367 0.0254596888260254 0.0254596888260254 0.0254596888260254 0.0254596888260254 0.0254596888260254 0.0254596888260254 0.0254596888260254
Stock impact report

North American Construction Group Ltd. Announces Strategic Acquisition of Australian Component Supplier [Canadian Business Journal (Canada)]

North American Construction Group Ltd. Common Shares (no par) (NOA) 
Last north american construction group ltd. common shares (no par) earnings: 2/19 04:05 pm Check Earnings Report
ACHESON, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — North American Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced it has entered into a definitive agreement to acquire DGI Trading Pty Limited (“DGI”) for an estimated purchase price of $23.5 million.DGI, based in Kempsey, New South Wales, Australia, supplies production-critical components to the mining industry through business relationships and a complex logistical network. With partners in over ten key countries, DGI maintains a network of suppliers and partner facilities which enable the connectivity to be both agile and economical. DGI staff are well trained across all industry-standard equipment and possess unparalleled knowledge in this unique space.The acquisition is another strategic step in the Company’s efforts to both vertically integrate its capital maintenance program as well as to diversify its service offerings. The purchase price is based on a closing price equal to the net tangible assets of Show less Read more
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