# North American Construction Group to acquire MacKellar Group for $395M

North American Construction Group (NACG) has entered into a definitive agreement to acquire MacKellar Group, an Australian heavy equipment solutions provider, for an estimated $395 million. The acquisition will expand NACG's capabilities in the mining and civil sectors.

- Type: Acquisition
- Announced: 2023-07-26
- Where: Naval Base, Perth, Australia
- Value: $395.0M
- Status: announced
- Products: heavy earthworks solutions, heavy construction equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [North American Construction Group](https://endata.com/companies/34438.md) (acquirer)
- [MacKellar Group](https://endata.com/companies/52008.md) (target)
- [Western Plant Hire](https://endata.com/companies/60994.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/07/26/2711731/0/en/north-american-construction-group-announces-transformative-acquisition-of-mackellar-group-a-leading-private-australian-heavy-equipment-solutions-provider.html), 2023-07-26: "NACG has built a strong relationship with MacKellar over the past two-plus years."
- [im-mining.com](https://im-mining.com/2023/09/01/nacg-adds-to-mackellar-buy-in-australia-with-acquisition-of-western-plant-hire/), 2023-09-01: "NACG said the fully maintained fleet provider 'prides itself on delivering late model, low hour, reliable and high quality equipment.'"

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