rss icon

Wednesday, 22 June 2016 15:24

Omega Construction Company sells to Belmont-based businessman

Written by  MiBiz Staff
Rate this item
(0 votes)

GRAND RAPIDS — Omega Construction Co. was acquired by Vic Laing of Belmont-based Broadwater Companies Inc., according to a statement.

The Grand Rapids-based construction company primarily works on multi-family residential and assisted-living facilities.

Omega Construction’s former owner, Frank Miceli, will stay on periodically during the transition period and consult for Laing on an ongoing basis.

“It is time for me to spend more time with family,” Miceli said in a statement. “In Vic, we found a buyer with an extensive background in manufacturing and project management. Along with our experienced staff, I believe that Vic will be able to grow and develop the business.”

No operational changes are expected at the company.

Zeeland-based Rua Associates LLC represented Omega Construction in the transaction.

Terms of the deal were not disclosed.

Read 1690 times

Breaking News

October 2018
S M T W T F S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Follow MiBiz