M&A Deal Summary

Aecon Acquires GCCL Contracting

On March 1, 2010, Aecon acquired construction company GCCL Contracting

Acquisition Highlights
  • This is Aecon’s 4th transaction in the Construction sector.
  • This is Aecon’s 4th transaction in Canada.
  • This is Aecon’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2010-03-01
Target GCCL Contracting
Sector Construction
Buyer(s) Aecon
Deal Type Add-on Acquisition

Target

GCCL Contracting

Orangeville, Ontario, Canada
GCCL Contracting Ltd is a asphalt, paving and construction company

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Buyer(S) 1

Buyer

Aecon

Toronto, Ontario, Canada

Category Company
Founded 1877
Sector Construction
Employees8,684
Revenue 4.6B CAD (2023)
DESCRIPTION

Aecon is a construction and infrastructure development providing integrated turnkey services to private and public sector clients. Aecon was incorporated in 1877 and is based in Toronto, Canada.


DEAL STATS #
Overall 4 of 8
Sector (Construction) 4 of 6
Type (Add-on Acquisition) 4 of 7
State (Ontario) 2 of 3
Country (Canada) 4 of 6
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-01 Lockerbie & Hole

Edmonton, Alberta, Canada

Lockerbie & Hole, Inc. is a provider of construction services.

Buy $220M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-27 Cow Harbour Construction

Fort McMurray, Alberta, Canada

Cow Harbour Construction Ltd. (“Cow Harbour”), one of the three oil sands mining, land reclamation and contracting services business, based in Fort McMurray, Alberta.

Buy $180M