Pomerleau subsidiary, ITC Construction Group, has entered into an agreement for the acquisition of Farmer Construction Ltd., a leading player in the residential and commercial construction sector in British Columbia, headquartered in Victoria. This transaction marks a significant milestone in ITC's national growth strategy, which has been gaining momentum since joining the Pomerleau family in 2022.

This acquisition is part of ITC Group's recent expansion initiatives, including the opening of a Toronto office and the integration of a team in Victoria, complementing its existing presence in Vancouver, Calgary and Edmonton.

This transaction has been approved by the Boards of Directors of both ITC Group and Farmer and will close once approved by the Competition Bureau. Once officially approved, Farmer will continue to operate under its existing name.