MYR Group subsidiary buys Canadian firm for $12 million

ROLLING MEADOWS - MYR Group Inc. said its Canadian subsidiary, MYR Group Construction Canada, has acquired substantially all of the assets of Western Pacific Enterprises GP and certain assets of Western Pacific Enterprises Ltd. for approximately $12 million ($16.1 million CAD),

Headquartered in Coquitlam, British Columbia, WPE is one of the largest electrical contractors in British Columbia and provides services throughout western Canada. It has been involved in some of western Canada's most notable construction and renovation projects.

WPE will operate as Western Pacific Enterprises Ltd. as part of MYR Group. The acquisition expands MYR Group's Commercial & Industrial presence into western Canada and will help leverage MYR Group's Transmission & Distribution capabilities in the region through WPE's extensive substation experience in the electric utility sector.

"WPE brings a skilled workforce, a strong management team and a culture that aligns with MYR Group's own values and culture. We welcome the employees of WPE and look forward to a successful integration into our organization," said Bill Koertner, MYR Group's President and Chief Executive Officer