Britco Moves from Private to Public Hands

The Langley Advance reports one of the largest modular and manufactured housing firms in Canada is being sold to Western One Equity Income Fund for $93 million.  Britco, of British Columbia, which supplied the Winter Olympics with the Whistler Village modular units, will become part of a public company that has investments in construction and other businesses, but intends to carry on the original owners’ vision. The new owners will keep the name, management staff and all 330 employees.  In a story we published here April 14, Britco was in talks with the Japanese  government and other organizations to supply them with modular units following the tsunami and earthquake.

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