# North American Construction Group acquires 49% stake in Nuna Logistics for $42.5M

North American Construction Group Ltd. (NACG) has entered into a definitive agreement to acquire a 49% ownership interest in Nuna Logistics Limited, a civil construction and contract mining company based in Edmonton, Alberta, for $42.5 million in cash.

- Type: Acquisition
- Announced: 2018-09-20
- Where: Edmonton, Alberta, Canada
- Value: $42.5M
- Status: announced
- Products: civil construction services, contract mining services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Nuna Logistics Limited](https://endata.com/companies/31322.md) (target)
- [North American Construction Group](https://endata.com/companies/34438.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/09/20/1573541/0/en/North-American-Construction-Group-Takes-a-Major-Revenue-Diversification-Step-With-the-Acquisition-of-Ownership-Interest-in-Nuna-Logistics.html), 2018-09-20: "This Transaction represents a compelling opportunity for us to continue to execute on our strategy of customer and revenue diversification"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.