M&A Deal Summary

Aecon Acquires South Rock

On January 15, 2009, Aecon acquired construction company South Rock

Acquisition Highlights
  • This is Aecon’s 2nd transaction in the Construction sector.
  • This is Aecon’s 2nd transaction in Canada.
  • This is Aecon’s 1st transaction in Alberta.

M&A Deal Summary

Date 2009-01-15
Target South Rock
Sector Construction
Buyer(s) Aecon
Deal Type Add-on Acquisition

Target

South Rock

Medicine Hat, Alberta, Canada
South Rock Ltd is a provider of road construction contractor services in Canada.

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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 2 of 8
Sector (Construction) 2 of 6
Type (Add-on Acquisition) 2 of 7
State (Alberta) 1 of 3
Country (Canada) 2 of 6
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 The Karson Group

Carp, Ontario, Canada

The Karson Group, one of the largest aggregate, asphalt and civil construction companies in Eastern Ontario.

Buy -
FOLLOWING 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