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Aecon completes acquisition of United Engineers & Constructors to enhance nuclear and conventional power generation capabilities

PUBLIC · AEGXFDec 17, 2024

Acquiring Company

Aecon Group

Acquired Company

United Engineers & Constructors

TorontoMount LaurelConstructionBuilding MaintenanceCivil EngineeringEnergyOil And GasRenewable Energy

Description

Aecon Group Inc. has successfully completed the acquisition of United Engineers & Constructors. This acquisition aims to utilize the enhanced nuclear and conventional power generation capabilities and client relationships to drive continued growth in the U.S. and priority markets.

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Company Information

Company

Aecon Group

Location

Toronto, Ontario, Canada

About

Aecon Group Inc. is a North American construction and infrastructure development company with global experience. It delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment, management, and operations and maintenance services through its Concessions segment.

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Frequently asked

Who acquired United Engineers & Constructors?

United Engineers & Constructors was acquired by Aecon Group, based in Toronto. The deal was reported on December 17, 2024. Aecon Group Inc. is a North American construction and infrastructure development company with global experience. Aecon Group is publicly traded (AEGXF) and operates in Construction.

When did Aecon Group acquire United Engineers & Constructors?

Aecon Group's acquisition of United Engineers & Constructors was reported on December 17, 2024. Aecon Group Inc. has successfully completed the acquisition of United Engineers & Constructors. This acquisition aims to utilize the enhanced nuclear and conventional power generation capabilities and client relationships to drive continued growth in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does United Engineers & Constructors do?

United Engineers & Constructors is an industry leading infrastructure engineering, procurement, construction, and consulting company dedicated to improving lives by delivering the most impactful solutions. It is privately held, operating in Energy, and is based in Mount Laurel.

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