Aecon completed sale of roadbuilding subsidiary

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Canadian contractor Aecon has completed the US$175 million cash sale of its Ontario roadbuilding subsidiary to Canadian infrastructure company Green Infrastructure Partners (GIP).

Aecon Transportation East (ATE) is involved in road building, services, and the supply of materials. They possess eight asphalt plants and eight aggregate quarries that they can use for both internal and external purposes. With these resources, GIP will be able to undertake infrastructure projects for provinces, municipalities, and private clients. 

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