Aecon Group adds Alberta oil sands contractor
Eric Lam, Financial Post
Aug. 9, 2010
TORONTO -- Toronto-based Aecon Group Inc. said Monday it has offered to purchase the assets of Alberta oil sands contracting services business Cow Harbour Construction Ltd., currently under creditor protection, for $180-million.
If approved, Aecon would become one of the largest mining and land reclamation contractors in the oil sands. It is already the largest construction and infrastructure development company in Canada.