01:57 PM EST, 12/02/2024 (MT Newswires) -- GDI Integrated Facility Services ( GDIFF ) on Monday said it closed the sale of Ainsworth Power Construction (APC), an 80-employee business unit within its Technical Services segment, to Tristar Electrical, a subsidiary of Aecon Utilities Group (ARE.TO).
No price for the sale was disclosed.
APC is a specialized business performing high voltage work primarily for utilities across Ontario, and is non-core to GDI.
GDI was last seen down $0.44 to $35.77 on the Toronto Stock Exchange.
Price: 35.77, Change: -0.44, Percent Change: -1.22