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Atco acquires Triple M Modular Housing, terms not immediately available

The Canadian Press   

Business Operations Construction modular housing

CALGARY – Atco Ltd. says it has acquired Triple M Modular Housing, a manufacturer of factory-built, modular housing based in Lethbridge, Alta.

Financial terms of the agreement were not immediately available.

The Calgary-based structures and logistics company company says Triple M will operate as a specialized housing division for Atco Structures within Canada.

Established in 1981, Triple M has more than 300 production employees and an experienced management team.

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The company also has an extensive dealer network in Canada.

Atco Structures president Adam Beattie says the acquisition will boost the company’s status as a global leader and innovator in modular construction.

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