Aecom Acquires Remaining 50% Interest In FT Services JV

(RTTNews) - Aecom Technology Corp. (ACM) announced the acquisition of the remaining 50 percent equity interest in FT Services Limited, a joint venture company based in Calgary, Alberta.

FTS was created in January 2007 by Flint Energy Services Limited, an Aecom subsidiary, and Broadspectrum Limited to specialize in large-scale maintenance and turnaround services for the Canadian resource and energy industry, including oil sands, refining, chemical, midstream and other heavy industry facilities.

The acquisition is expected to strengthen Aecom's oil and gas business by further diversifying its end market exposure.