On September 03, 2024, Dexterra Group Inc. (TSX: DXT) officially announced the completion of the sale of its NRB Modular Solutions business to ATCO Structures & Logistics Ltd. The sale was finalized for a total purchase price of $40 million, subject to customary closing adjustments.
Mark Becker, the Chief Executive Officer of Dexterra, stated that the sale of the modular solutions business allows the company to concentrate on expanding and optimizing its core support services divisions. He expressed well wishes to the NRB team and ATCO for their continued delivery of quality modular projects to their clientele.
Dexterra is a company with over 9,000 employees that offers a variety of support services for the establishment, management, and operation of infrastructure across both Canada and the USA. The company’s commitment to employing knowledgeable personnel enables it to address challenges with regional expertise and provide innovative solutions to clients in the public and private sectors.
It is important to note that certain statements in this news release may be considered forward-looking information under applicable securities law. These statements reflect Dexterra’s future outlook and prospective events, operations, financial performance, and business focus. While the company believes these statements are based on reasonable factors and assumptions, there are inherent risks and uncertainties that could result in different outcomes. These risks include, but are not limited to, market conditions, competition, regulatory changes, environmental concerns, and potential economic downturns.
For more details on this press release, please visit the original source at https://www.newsfilecorp.com/release/221875.
