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PCL Construction Enterprises acquires Nassal
- May 25, 2023
- News Release
- Shop Management
PCL Construction Enterprises Inc. has announced acquisition of The Companies of Nassal, a company that fabricates and installs immersive environments for theme parks, cultural experiences, hospitality, zoos, and aquariums.
"Acquisitions are rare for PCL and only considered if they are strategically aligned with the company's goals and beneficial to our shareholders,” said Deron Brown, PCL president/COO, U.S. operations. “However, after years of working together, it's clear that our business cultures are well aligned.”
The business relationship between the two companies began 20 years ago with the development of a themed children's play area for a major amusement park in Orlando, Fla. Since then, the organizations have delivered immersive, themed experiences that connect guests to stories on more than 35 projects across North America.
The two companies will operate separately under the acquisition. Nassal will continue to execute on its current growth strategy under its existing leadership and management teams. The Nassal identity, market positioning, and business plan will remain unchanged.
The purchase enables Nassal to take on more work and have greater access to global supplies through PCL’s purchasing power. Additionally, PCL is able to offer entertainment and hospitality clients enhanced options for a more streamlined construction approach, early budgeting, greater scalability across the globe, and speed to market.
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