TORONTO — Aecon Utilities Group Inc. has announced it has acquired Ainsworth Power 鶹ýion (APC), which is an electrical services and power systems business unit of Ainsworth, headquartered in Toronto, from GDI Integrated Facility Services.
According to a release, APC’s management and operational teams are joining Aecon Utilities through the transaction.
APC has over 80 employees and 80 years experience as a technical services contractor for electrical utility clients, primarily in Ontario.
As it stands, Aecon Utilities and APC are engaged as joint venture partners delivering programs to utility and private sector clients to expand electricity distribution infrastructure across Ontario.
“The acquisition of APC builds on our strong collaborative partnership, strengthens relationships with key clients, and further diversifies our comprehensive self-perform utility infrastructure expertise,” said Jean-Louis Servranckx, president and chief executive officer of Aecon Group Inc., in a statement.
“Building on over a decade-long relationship, the acquisition of APC is the next natural step to expand our market share and capacity, and allows us to offer a scalable, purpose-built, turnkey solution for our valued utility customers,” said Chris Manielly, vice president, electrical, Aecon Utilities.
Recent Comments