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M&A Deal Summary

North American Construction Acquires Iron Mine Contracting

On December 18, 2025, North American Construction acquired metals/mining company Iron Mine Contracting for 115M USD

Acquisition Highlights
  • This is North American Construction’s 2nd transaction in the Metals/Mining sector.
  • This is North American Construction’s 3rd largest (disclosed) transaction.
  • This is North American Construction’s 3rd transaction in Australia.

M&A Deal Summary
Date 2025-12-18
Target Iron Mine Contracting
Sector Metals/Mining
Buyer(s) North American Construction
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Iron Mine Contracting

Bayswater , Australia
Iron Mine Contracting provides civil construction, mining support, crushing and screening services, and Indigenous partnering opportunities to clients in the Australian resources and infrastructure sectors. Iron Mine Contracting was founded in 2013 and is based in Bayswater, Australia.

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Buyer(S) 1

Buyer

North American Construction

Acheson, Alberta, Canada
Category Company
Founded 1953
Sector Construction
Employees206
Revenue 1.2B CAD (2024)
DESCRIPTION

North American Construction is a provider of heavy outsourced construction services to the major oil and gas companies investing in the oil sands projects. North American Energy Partners was founded in 1953 and is based in Acheson, Canada.

DEAL STATS #
Overall 4 of 4
Sector: Metals/Mining M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Australia M&A 3 of 3
Year: 2025 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-26 MacKellar

Nambour, Australia

MacKellar specializes in heavy earthmoving equipment solutions and has a proud history of working on both mining and civil earthwork projects around Australia. MacKellar was formed in 1996 and is based in Nambour, Australia.

Buy $395M
Mergr

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