Harris Steel acquires rebar business from Lafarge
Harris Steel Group has recently announced that it has acquired the reinforcing bar business of Lafarge
Canada Inc. Through the acquisition, Harris' presence will expand in British
Colombia and Alberta.
The acquisition is a part of Harris' plan to grow its business in regional markets in
Canada and the US. Moreover, with the acquisition Harris' presence in
construction sector will expand.
The deal, covering acquisition of all assets and employees of Lafarge's reinforcing steel division in British
Colombia and Alberta, has been concluded at $2.1 million.