Aecon Acquires Lockerbie & Hole

On April 1, 2009, Aecon Group Inc. completed its acquisition of Lockerbie & Hole Inc. pursuant to a plan of arrangement under the Business Corporations Act (Alberta). Under the terms of the transaction, Lockerbie shareholders received cash and Aecon shares with a total value of approximately $200 million.

Aecon was represented internally by Brian Swartz and Tim Hutzul and by Bennett Jones LLP with a team led by John Kousinioris and including Will Osler, Jon Truswell and Joel Gaucher (corporate); Scott Bodie (tax); Beth Riley (competition); Laurie Goldbach (litigation) and John Batzel (employment).

Lockerbie was represented by Macleod Dixon LLP with a team led by Marcus Archer and including Katherine Prusinkiewicz, Anjali Coyle and Jason Giborski (corporate); Darren Hueppelsheuser, Dion Legge and Ryan Shewchuk (tax); Rujuta Patel (competition) and Roger Smith (litigation). John Hollinrake and Dan Miller of Dorsey & Whitney LLP provided US tax and securities advice to Lockerbie.


Ryan M. P. Shewchuk Jon C. Truswell Dion J. Legge John C. Batzel Scott Bodie Roger F. Smith Y. Beth Riley Laurie A. Goldbach Marcus W. Archer William S. Osler Joel S. Gaucher Katherine Prusinkiewicz Anjali Coyle Darren D. Hueppelsheuser Jason Giborski Rujuta Patel Daniel M. Miller John H. Kousinioris