# North American Construction Group acquires MacKellar Group for A$450 million

North American Construction Group (NACG) finalized its acquisition of Queensland contractor MacKellar Group for about A$450 million (C$395 million). MacKellar Group has ~1,000 employees and 450 mobile heavy equipment assets.

- Type: Acquisition
- Announced: 2023-10-05
- Where: Queensland, Australia, Australia
- Value: $290.0M (450.0M AUD)
- Jobs: 1,000
- Status: completed
- Products: contract mining, civil earthworks, equipment rentals
- 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)

## Sources

- [industryqld.com.au](https://industryqld.com.au/canadian-company-acquires-mackellar-group/), 2023-10-05: "Importantly, our values and culture align perfectly with NACG – both companies are very much about hands-on management, cost-efficiency, strong customer relationships and first-class safety practices."

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