VANCOUVER, July 16, 2012 /CNW/ - The Ledcor Group of Companies announced
today that it has concluded a definitive agreement to purchase the
business and assets of Arctic Sunwest Charters, based in Yellowknife,
NT. The sale is subject to the customary conditions including
"We look forward to welcoming the customers and talented team of
employees from Arctic Sunwest Charters to the Ledcor Group of
Companies" said Paul McElligott, President of both Ledcor Air Limited
and Summit Air Charters. He went on to say "The acquisition of Arctic
Sunwest Charters provides us immediate entry into airline operations
with larger aircraft and infrastructure. This will enable us to offer
an improved range of aviation services to a broader customer base."
Ledcor currently owns and operates Summit Air Charters, which is based
in Yellowknife. Summit Air has been providing specialized remote
passenger and cargo air services on a charter basis in the Yukon,
Northwest Territories and Nunavut for over 20 years.
The combined composition of the two fleets, the northern operational
experience, and additional facilities will offer customers a wider
range of flight options and better access to remote locations.
Arctic Sunwest Charters has been owned by RTL-Westcan since its
inception in 1993. "We are enthusiastic to see these two exceptional
aviation companies coming together," said Tom Kenny, CEO of the
RTL-Westcan Group of Companies. "Ledcor's aviation operations and
Arctic Sunwest Charters bring with them a legacy of success. In
combination they will prove to enhance Canada's northern community's
air service requirements."
The Ledcor Group of Companies is North America's most diversified
construction company, serving the mining, infrastructure,
communications, building, power and oil & gas sectors. We also own
operations in waste water treatment, carbon management, property
investment, forest products, and marine, air and highway transportation
services. Ledcor employs over 7800 people across 20 offices. For over
65 years we have been growing with our clients and partners: Forward.
Together. Find out how at www.ledcor.com.
SOURCE Ledcor Industries
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