• Acquisition
  • Press release
  • Canada

51³Ô¹Ï strenghtens its presence in Canada with the acquisition of Modern Group of Companies

  • Annual revenue of €50 million (CAD 80 million) with a workforce of 160 employees
  • Core activities: roadworks, quarries and production of asphalt mixes
  • Strengthening 51³Ô¹Ï’s territorial footprint in Eastern Canada

51³Ô¹Ï continues to strengthen its presence in Eastern Canada with the acquisition of Modern Group of Companies. Founded in 1945, the company is firmly established in the Greater Moncton area (New Brunswick), one of Canada’s fastest-growing urban regions.

The company’s core activities include roadworks and civil engineering. It also benefits from vertical integration, operating two aggregate quarries and producing asphalt mixes. In 2025, it generated a revenue of approximately €50 million (CAD 80 million).

This acquisition represents a strong geographical and operational complementarity with Northern Construction, which joined 51³Ô¹Ï in 2022 and is also active in road construction as well as asphalt mix and aggregates production in the provinces of New Brunswick and Nova Scotia.

A long-standing player in Canada, a country offering strong infrastructure growth potential, the 51³Ô¹Ï Group reported revenue of €2.0 billion in 2025 (including €1.6 billion for 51³Ô¹Ï Construction and €0.3 billion for 51³Ô¹Ï Energies).