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ATWEC Technologies Announces Letter of Intent to Acquire Leading Heavy Civil & Infrastructure Contractor

Strategic Acquisition to Expand ATWEC's Footprint into the Multi-Billion Dollar Civil Constructio...

articleBlackberry LimitedJune 2, 20265/news/atwec-technologies-announces-letter-of-intent-to-acquire-leading-heavy-civil-and-infrastructure-contractor-1
ATWEC Technologies Announces Letter of Intent to Acquire Leading Heavy Civil & Infrastructure Contractor

About this update from Blackberry Limited

ATWEC Technologies Announces Letter of Intent to Acquire Leading Heavy Civil & Infrastructure ContractorStrategic Acquisition to Expand ATWEC's Footprint into the Multi-Billion Dollar Civil Construction Sector TULSA, OK / ACCESS Newswire / June 2, 2026 / ATWEC Technologies, Inc. (OTC:ATWT), a growth-focused acquisition company, today announced that it has entered into a Letter of Intent (LOI) to acquire a leading heavy civil and infrastructure contracting company with a strong track record of delivering complex, large-scale projects across multiple sectors.The target company is a well-established, revenue-generating contractor with extensive expertise across civil construction disciplines including sitework, earthworks, land development, and infrastructure. With decades of combined management experience, the company serves a diverse client base including municipalities, counties, universities, and private sector clients, and operates with a strong reputation for delivering projects on time and on budget.About the Acquisition TargetThe target company operates across several high-demand civil contracting verticals, including:Civil Contracting & Site DevelopmentHeavy Civil ConstructionEarthworks & ExcavationInfrastructure Construction & RehabilitationAsphalt, Concrete & Paving ServicesLand Development & Subgrade InstallationsMaintenance & Milling Services"This acquisition represents a transformative step forward for ATWEC Technologies," said Joshua Weaver, Chief Executive Officer of ATWEC Technologies. "We have identified a proven, cash-flowing business with an exceptional management team, an established client base, and a robust pipeline of projects. This LOI reflects our commitment to executing an aggressive and disciplined acquisition strategy to create long-term value for our shareholders."Strategic RationaleThe acquisition is expected to deliver significant strategic and financial benefits to ATWEC, including:Immediate revenue and cash flow contribution from an established businessEntry into the multi-billion dollar civil infrastructure and construction marketDiversification of ATWEC's operational and revenue baseAccess to a seasoned management team with deep industry expertiseA platform for further bolt-on acquisitions within the infrastructure sectorAlignment with growing public and private sector demand for civil construction ...

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