# North American Construction Group acquires Aecon's Contract Mining business

North American Construction Group Ltd. has acquired all assets related to the Contract Mining business of Aecon Group for $199.1 million. The deal includes heavy earthmoving assets and maintenance facilities, mainly in the oil sands in Fort McMurray, Alberta.

- Type: Acquisition
- Announced: 2018-11-27
- Where: Fort McMurray, Alberta, Canada
- Value: $199.1M
- Status: completed
- Products: overburden removal, environmental reclamation services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Aecon Group](https://endata.com/companies/3614.md) (target)
- [North American Construction Group](https://endata.com/companies/34438.md) (acquirer)

## Sources

- [forconstructionpros.com](https://www.forconstructionpros.com/business/news/21033912/north-american-construction-acquires-aecon-expands-fleet), 2018-11-27: "North American Construction Group Ltd. (NACG) has acquired all assets related to the Contract Mining business of Aecon Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.