Pernix Group closes on KBR

LOMBARD - Pernix Group Inc., a construction company, said that its acquisition of the KBR Building Group for about $28 million closed on June 30. KBR Building Group will be known as the BE&K Building Group, a Pernix Group company.

This acquisition will expand Pernix's commercial domestic operations and have a dramatic impact on its international business.

The KBR Building Group has a long history of executing major projects in the advanced manufacturing, industrial, life sciences, research & development, food & beverage, commercial, mixed-use and institutional domestic markets. Pernix will further leverage the KBR Building Group's experience to expand its commercial and public market offerings internationally.