Construction companies Knappett Industries, Matcon agree to merger

FORT ST. JOHN, B.C. — Two major construction companies, including one that works out of Fort St. John, have agreed to a merger.

The two companies — Matcon, based out of Coquitlam, and Knappett Industries, based out of Nanaimo with an office in Fort St. John — agreed to the merger on April 2nd.

Adam Heath, one of Matcon’s co-chief executive officers (CEO), says he and his team are excited about the opportunities the merger will bring for Matcon clients and employees.

“By combining our strengths,” Heath says, “we are poised to provide even greater value to our clients and set new standards for quality, safety and performance.”

Meanwhile, Knappett Industries president Yosef Suna says his team has respected Matcon for a long time for its “reputation for excellence on the mainland” and the merger aligns with his goals for his company.

“Together, we will be able to offer more comprehensive services, greater opportunities for our employees, expand our reach and continue to provide the high-quality solutions that our clients have come to expect from us.”

According to the companies’ joint press release, the merger will allow them to maintain their quality standards while expanding the services they offer and broadening their geographic reach beyond the communities and areas they currently serve.

Bowerman Construction, a company owned by Knappett that provides construction services on Vancouver Island, is also included in the merger.

According to company staff, the transaction has already closed and been approved by regulators, meaning the merger is already in effect.