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November 21, 2024

Dutch company acquires majority stake in Brookfield construction firm

A cleanroom built by Brookfield-based Corporate Construction Inc.

A Dutch provider of cleanroom and controlled environment facilities, SRBA Group, has acquired a majority interest in a Brookfield-based commercial construction company.

The local company, Corporate Construction Inc., is headquartered at 101 Commerce Drive and has about 50 employees. It has been in business for 25 years and specializes in building cleanrooms, as well as lab, medical and industrial facilities.

SRBA Group, short for Smart Reliable Building Achievements, announced in October that it would acquire a 60% stake in Corporate Construction.

Co-founders Jonathan Draper and Joseph Viola continue to manage Corporate Construction’s day-to-day operations, SRBA Group said.

SRBA Group said Corporate Construction has “proven itself” as a “general contracting partner for the specialized CE (controlled environment) market,” which has seen strong growth in recent years.

Much of that growth has been in the international semiconductor, healthcare and biopharmaceutical industries, SRBA Group said.

Headquartered in Tilburg, the Netherlands, SRBA Group was formed in 2023 with the goal of expanding through mergers and acquisitions of international companies.

Advisory firms Protegrity Advisors, in New York, and IRIS Corporate Finance BV, in the Netherlands, helped facilitate the cross-border transaction.

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