TORONTO — Aecon Group Inc. announced recently it has acquired Bodell Construction Company, an industrial company headquartered in Salt Lake City, Utah.
Bodell’s management will lead the business in partnership with Aecon’s Industrial management team in the United States.
Founded in 1972, Bodell is a privately-owned, non-union industrial construction company with approximately 150 employees, states a release. Bodell specializes in oil and gas, mining, water and wastewater, and power generation projects across the western and southern U.S.
“This transaction strengthens our core industrial capabilities, increases recurring revenue, and positions Aecon for expansion in key U.S. sectors and target markets,” said Jean-Louis Servranckx, Chief Executive Officer for Aecon in a statement. “Bodell further diversifies our self-perform offering across multidisciplinary sectors and enhances our relationships with major U.S. clients for upcoming projects.”
“We are excited to accelerate our growth by leveraging new opportunities and offering expanded services to our clients as part of the world-class Aecon team,” added Sean Davis, president and Chief Executive Officer for Bodell. “Bringing our diverse capabilities and strong client base developed over 50 years, joining Aecon positions us to advance our role in delivering industrial construction projects while extending our footprint.”
