Granite Construction has finalised its acquisition of Kenny Seng Construction in a deal that will expand its presence in the Utah construction market.
Kenny Seng Construction’s addition to Granite Construction further enhances the latter’s capabilities, including earthwork and site preparation, concrete work, utility installation, project management, aggregate production and materials processing, and transportation.
It also expands Granite’s reserves with a hard rock quarry, one million tonnes of annual production and 45 million tonnes of annual reserves, as well as a potential sand and gravel pit.
“We are excited to welcome the Kenny Seng Construction team to Granite,” Granite president and chief executive officer Kyle Larkin said.
“Kenny Seng Construction is a highly complementary business that strengthens our vertically-integrated home market strategy in Utah. Their end-to-end service capabilities, strong position in education and civil infrastructure, and established materials platform align well with our focus on building durable, resilient businesses that create long-term value for our shareholders.”
