US EditionFrench Construction Giant Acquires Penticton's Peters Bros Construction
- VINCI Construction, a French company, finalized the acquisition of Penticton-based Peter Brothers Construction Ltd. On June 2, 2025.
- This acquisition is part of VINCI's continued expansion in Canada and is intended to enhance its operations across Western Canada, including areas where it already has a foothold.
- Peter Brothers, founded in 1981 and headquartered at 716 Okanagan Ave., operates five asphalt plants with projects across the B.C. Interior including Kelowna and Dawson Creek.
- According to VINCI's release, Peter Brothers generated $90 million in 2024 revenue and employs 140 people during peak season, supporting local sponsorships like the Penticton Vees and Peach Festival.
- The acquisition will enhance VINCI Construction's operational capabilities and regional synergies, expanding its reach beyond Vancouver, Alberta, and Saskatchewan.
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