ATWEC Technologies Closes Acquisition of Park-Aid Asphalt and Maintenance Ltd., a Leading Heavy Civil & Infrastructure Contractor in the Edmonton, Alberta Market

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ATWEC Technologies Closes Acquisition of Park-Aid Asphalt and Maintenance Ltd., a Leading Heavy Civil & Infrastructure Contractor in the Edmonton, Alberta MarketAcquisition Successfully Closed; New CEO to Be Announced TULSA, OK / ACCESS Newswire / June 8, 2026 / ATWEC Technologies, Inc. (OTC:ATWT), a growth-focused acquisition company, today announced the successful closing of its acquisition of Park-Aid Asphalt and Maintenance Ltd., one of Edmonton, Alberta's most established and respected heavy civil, asphalt, and infrastructure contracting companies. The closing of this transaction represents a watershed moment in ATWEC's corporate development strategy.Park-Aid Asphalt and Maintenance Ltd. is a locally owned and operated contractor with nearly 30 years of industry experience, serving Edmonton and the surrounding communities, including Parkland County, with a comprehensive suite of civil construction services. With a management team boasting hundreds of years of combined industry experience, Park-Aid has earned a strong reputation for delivering complex projects on time and on budget for a diverse portfolio of clients ranging from municipalities and counties to universities and private sector developers.About Park-Aid Asphalt and Maintenance Ltd.Park-Aid operates across seven integrated business divisions, providing end-to-end civil construction capabilities:Asphalt Division - Road development, paving, patch repair, pothole repair, and full parking lot construction for residential, commercial, and highway applicationsConcrete Division - Sidewalk installation and repair, retaining walls, and related concrete infrastructureEarthworks Division - Cement stabilization, excavation, gravel supply and installation, and subgrade preparationLand Development Division - Full earthwork and base services including subgrade installations and ground stabilizationUnderground & Civil Engineering Division - Installation and rehabilitation of underground utilities including water mains, sanitary and storm sewer systems, and related civil infrastructure; supporting municipalities, developers, and industrial clients with trenchwork, pipe laying, and site servicing from initial excavation through to surface restorationMaintenance Division - Year-round parking lot and site maintenance including speed bump installation, line painting, and snow removalMilling Division - Prec...

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