# Plaintree Systems agrees to buy Spotton Corporation of Arnprior, Ontario

Plaintree Systems Inc. signed an agreement to purchase all share capital of Spotton Corporation, a maker of custom hydraulic and pneumatic valves and cylinders in Arnprior, Ontario. The consideration is nominal, and Spotton owes Plaintree CAD 1.7 million.

- Type: Acquisition
- Announced: 2018-08-17
- Where: Arnprior, Ontario, Canada
- Status: announced
- Products: hydraulic valves, pneumatic valves, hydraulic cylinders, pneumatic cylinders
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Plaintree Systems](https://endata.com/companies/3744.md) (acquirer)
- [Spotton Corporation](https://endata.com/companies/3745.md) (target)

## Sources

- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/plaintree-systems-inc-announces-agreement-to-purchase-spotton-corporation.-514049), 2018-08-17: "Plaintree Systems Inc. today announced that it has signed an agreement to purchase all of the share capital of Spotton Corporation of Arnprior, Ontario."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.