On June 14, 2016, Pomerleau announced that it signed an Asset Purchase Agreement to acquire most of the assets and projects of Giffels Westpro in Vancouver, Calgary, Toronto, Ottawa and Montreal. Once this transaction is completed, Pomerleau will increase its project backlog by more than $200 million and ensure completion of coast-to-coast projects initially undertaken by Giffels Westpro. "Expanding our Canadian footprint is a priority for us," said Pomerleau President and CEO Pierre Pomerleau. "With this transaction, Pomerleau will be able to boldly enter new markets in Central and Western Canada with greater force. It is a crucial milestone in our bid to strengthen our company's national presence," he added. This transaction is expected to close by June 22, 2016.