Wajax acquires Groupe Delom for C$51.8M

Wajax Corporation has acquired all shares of Montréal-based Groupe Delom Inc., a maintenance and repair provider for electromechanical and rotating equipment, for a purchase price of $51.8 million with $2.0 million contingent on performance targets. Delom has six branches in Eastern Canada.

“the aggregate purchase price for the Shares was $51.8 million, with $2.0 million of such purchase price remaining subject to the achievement of certain performance targets post-closing.”newswire.ca

• 1 source
• newswire.caWajax Announces Acquisition of Groupe Delom Inc.Oct 16, 2018

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