EllisDon purchases PME Group of Companies

Canadian construction services leader further expands civil division with acquisition of Alberta based civil group

MISSISSAUGA, ON, July 10, 2012 /CNW/ - It is with great enthusiasm that EllisDon announces the acquisition of the PME Group of Companies, based in Fort Saskatchewan, Alberta. This latest acquisition further strengthens EllisDon's civil expertise across Canada.

The PME Group provides civil site work and common construction services to the oil and gas industry in Western Canada with primary focus on the Northern Alberta region. The key bases of work have most recently been to the oil refineries, oil sands development and oil and gas pipeline sectors in the greater Edmonton, Fort Saskatchewan and Fort McMurray areas.

As Geoff Smith, EllisDon's President and CEO explains, similar people and cultures were key in the decision of bringing the two companies together: "Clearly PME is a strong company with great people and a solid record of quality construction work, a high regard for project safety and financial success. The skills and experience the PME Group of Companies brings to EllisDon is very complementary to the things that we do. Just as importantly, we believe the cultures of our firms are very similar. We are both very open, somewhat informal, people oriented firms who take a great deal of pride in our work and in each other. I'm confident that we will be able to learn from one another, rely on one another and of course continue to grow together."

"This is an exciting day for me" said Gil Brulotte, Senior VP of PME Group, "and from my dealings with EllisDon to date, I can say with confidence this is a great opportunity for the PME team which will allow us continued growth opportunities within a group that shares our existing values."

About EllisDon

EllisDon is an employee-owned company that completes in excess of $2.7 billion in new construction annually and delivers construction expertise to clients throughout the world. The company offers not only construction and project management services but now a growing range of construction services in risk management, sustainability and technology. For more information, please visit www.ellisdon.com.

Rishma Mangat
EllisDon Corporation
Phone: [phone]
Fax: [phone]
89 Queensway Ave West
Suite 800
Mississauga, Ontario L5B 2V2
www.ellisdon.com