BDT:CC - Bird Completes Acquisition Of Fraser River Pile & Dredge

MISSISSAUGA, Ontario, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) (the “Company”) is pleased to communicate that the previously announced transaction to acquire Fraser River Pile & Dredge (“FRPD”) has been successfully completed.

“We are pleased to welcome the FRPD team to Bird, marking an important milestone for both companies,” said Teri McKibbon, President and CEO of Bird. “FRPD’s expertise in marine infrastructure, land foundations, and dredging significantly expands our self-perform platform and broadens the solutions we deliver to clients. With the federal government focused on accelerating nation-building projects, particularly those with major port and marine requirements, the combined strengths of our teams, together with our shared commitment to meaningful Indigenous partnerships, position us to advance Canada’s infrastructure priorities while driving progress toward our 2027 financial targets and long-term growth strategy.”

FRPD was acquired from majority owner TriWest Capital Partners, a Calgary, Alberta based private equity firm.

This press release may contain forward-looking information (as defined in applicable Canadian securities legislation) that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to materially differ from those expressed or implied by the forward-looking information.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information, contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122

ABOUT BIRD CONSTRUCTION

Bird (TSX: BDT) is a leading Canadian construction and maintenance company operating from coast-to-coast-to-coast. Servicing all of Canada's major markets through a collaborative, safety-first approach, Bird provides a comprehensive range of construction services, self-perform capabilities, and innovative solutions to the industrial, buildings, and infrastructure markets. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders. www.bird.ca