ENGIE North America has struck a deal to purchase Conti Corporation, including its Indicon, Ion Electric and McGilvray Mechanical affiliate businesses.
Conti, Ion and McGilvray provide construction services in various sectors, including HVAC/R, renewable energy and fire suppression, while Indicon is an industrial controls integrator with complete design, engineering, and control panel fabrication capabilities.
Conti, whose Canadian base is in London, Ont., and its affiliates will join the ENGIE Services North America team, which oversees energy services, contracting and facility management businesses across Canada and the U.S.
ENGIE, which has facilities in Montreal and Toronto, is part of the consortium that was recently awarded the $2.6 billion Canadian government contract to modernize, maintain and operate the national capital region’s district energy system.
“We are excited to welcome the more than 2,000 new colleagues from the Conti teams to ENGIE as they will be a great addition to our portfolio of businesses and skillsets,” said Franck Bruel, executive vice-president, supervising ENGIE’s UK, Latin America, and North America business units.
“Together, we will be able to enlarge the range of services we offer and to both broaden and deepen our geographic reach in North America,”
Conti CEO and president, Paul Duhaime, added, “Our team has built a leading energy services organization across the U.S. and Canada since 1969. We believe the business is well-positioned for future growth under ENGIE.”