Transaction adds preengineered metal building systems capabilities, provides access to new clients in growing industrial & logistics markets
Montante Construction and Tedesco Construction Services on Wednesday announced a definitive agreement for Montante to acquire Tedesco. Montante Construction is a full-service construction management and general contracting firm, while Tedesco Construction Services is an established leader in the design and construction of preengineered metal building systems.
The addition of Tedesco provides Montante with access to leading prefab building solutions and further enhances its design, build and operational capabilities. It opens the door to new clients in the commercial and industrial sectors, which are benefiting from high demand and looking for room to grow at a time when most real estate markets are challenged with a shortage of existing industrial and warehouse space.
“The commercial, logistics and industrial markets in the Buffalo-Niagara Region are very strong,” said Doug Elia, president of Montante Construction. “Tedesco’s stellar reputation and expertise provides an immediate complement to our leading construction management and general contracting practice, further enhancing our integrated delivery offerings. We are excited to welcome the talented Tedesco team and to leverage our combined expertise to meet the needs of our clients, while ensuring that we capitalize on the tremendous opportunities in front of us.”
Island Dispatch