Acquisition establishes Aggreko in the North American temporary heating market
HOUSTON and CALGARY — Aggreko, a global provider of modular, mobile power and related solutions, has entered into an agreement to acquire substantially all of the assets of the equipment rental business of ICS Group Inc., a provider of portable climate control services in Canada.
Founded in 1999 in Alberta, ICS Group supplies temporary heating, concrete cure, and ground thaw solutions that cater to many of Aggreko’s key sectors including the construction, oil and gas, industrial, restoration, and event sectors. The acquisition will not only establish Aggreko in the North American temporary heating market, it will also provide the company with a geographic footprint in cities such as Calgary and Winnipeg where it does not currently operate.