FORT ST. JOHN, BRITISH COLUMBIA–(Marketwire – Nov. 22, 2012) - Macro Enterprises Inc. (TSX VENTURE:MCR) (“Macro”) is pleased to announce its wholly-owned subsidiaries have completed the acquisition of the business owned and operated by North American Pipeline Inc. and North American Fleet Company Ltd. of constructing, installing, maintaining, testing and repairing pipelines and facilities in the oil and gas industry throughout Western Canada together with certain assets used in carrying on the business including pipeline construction machinery and equipment. The acquisition includes an assignment of a master services agreement with a major pipeline company to test and maintain certain aspects of its pipeline network. The purchase price of $16,250,000 was paid in full in cash on closing of the transaction. Filing for TSX Venture Exchange final acceptance of the transaction has been made.

See the article here: Macro Enterprises Inc. Announces Completion of Acquisition of Pipeline Construction and Maintenance Business