Aecon Group Inc. (TSX:ARE) acquired Henkels & McCoy PEI Inc. for CAD 25 million on November 17, 2021. The consideration was CAD 25 million in cash, with additional earnout payments possible based on achieving minimum EBITDA targets over the subsequent two years.

Aecon Group Inc. (TSX:ARE) completed the acquisition of Henkels & McCoy PEI Inc. for CAD 25 million on November 17, 2021. Fort Capital Partners acted as financial advisor to Henkels & McCoy PEI Inc.