About Aecon
Aecon is a company based in Toronto (Canada) founded in 1877 by John Beck was acquired by CCCI in October 2017. The company has 9,750 employees as of December 31, 2024. Aecon has completed 3 acquisitions, including United Engineers & Constructors, Voltage Power and Xtreme Powerline. Aecon offers products and services including Infrastructure Construction and Nuclear Services. Aecon operates in a competitive market with competitors including EBC, John Holland, HydrodigTM, Environmental Infrastructure Solutions and Toronto Zenith, among others.
- Headquarter Toronto, Canada
- Employees 9750 as on 31 Dec, 2024
- Founders John Beck
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aecon Group Inc.
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Annual Revenue
$2.95 B (USD)-8.64as on Dec 31, 2024
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Net Profit
-$41.37 M (USD)-136.77as on Dec 31, 2024
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EBITDA
-$14.46 M (USD)-126.74as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
9750
as on Dec 31, 2024
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Investments & Acquisitions
United Engineers & Constructors
& 2 more
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Acquired by
CCCI
(Oct 26, 2017)
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IPO & Listings of Aecon
Aecon is a publicly listed company on the TSX with ticker symbol ARE in Canada, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aecon
Aecon offers a comprehensive portfolio of products and services, including Infrastructure Construction and Nuclear Services.
Building civil and transportation projects for clients
Developing nuclear energy and utility solutions
People of Aecon
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Leadership Team
76 people
Software Development Team
65 people
Senior Team
38 people
Human Resources and Administration
35 people
Finance and Accounting
32 people
Operations Team
28 people
Project Team
18 people
Product Management Team
14 people
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Funding Insights of Aecon
Investors in Aecon
Aecon has secured backing from 1 investor. Prominent investors backing the company include CCCI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
Investments & Acquisitions by Aecon
Aecon has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include United Engineers & Constructors, Voltage Power and Xtreme Powerline.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of electricity transmission and distribution services
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2014 | ||||
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Powerline maintenance and repair services are provided to utilities.
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2007 | ||||
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Infrastructure engineering, procurement, construction, and consulting services are provided.
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1905 |
Financial Statements - Aecon
Aecon Comparisons
Competitors of Aecon
Aecon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EBC, John Holland, HydrodigTM, Environmental Infrastructure Solutions and Toronto Zenith, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hard infrastructure projects are developed by EBC across various sectors.
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| domain | founded_year | HQ Location |
Infrastructure development services are provided by John Holland in Australia.
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| domain | founded_year | HQ Location |
Provider of hydro-excavation services for various industries. This involves using high-pressure water and vacuum systems for safe and efficient soil removal. Services include daylighting, potholing, and pipeline excavation, all aimed at preventing utility line damage. The company utilizes specialized hydrovac trucks for maneuverability in challenging environments. These services offer greater accuracy, safety, and efficiency compared to traditional digging methods, resulting in cost-effective project completion.
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| domain | founded_year | HQ Location |
Provider of environmental infrastructure solutions
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| domain | founded_year | HQ Location |
Infrastructure development services are provided across Canada.
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Frequently Asked Questions about Aecon
Aecon was founded in 1877.
Aecon is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
John Beck is the current CEO of Aecon. They have also founded this company.
As of Dec 31, 2024, the latest employee count at Aecon is 9,750.
Annual revenue of Aecon is $2.95B as on Dec 31, 2024.
Aecon provider of factories, roads, power plants, mine sites, arts centres, and infrastructure development services, focusing on real estate and construction, real estate infrastructure developers, infrastructure, hard infrastructure, and diversified. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Aecon's top competitors include John Holland, EBC and Environmental Infrastructure Solutions.
Aecon offers Infrastructure Construction and Nuclear Services.
Yes, Aecon is publicly traded on TSX under the ticker symbol ARE.
Aecon has made 3 acquisitions, including United Engineers & Constructors, Voltage Power, and Xtreme Powerline.
Aecon has 1 investor. Key investors include CCCI.
The ticker symbol of Aecon is ARE on TSX.