# 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.

- Type: Acquisition
- Announced: 2018-10-16
- Where: Montréal, Québec, Canada
- Value: $39.5M (51.8M CAD)
- Status: completed
- Products: electromechanical equipment maintenance and repair services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Wajax](https://endata.com/companies/4043.md) (acquirer)
- [Groupe Delom](https://endata.com/companies/4044.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/wajax-announces-acquisition-of-groupe-delom-inc-697712911.html), 2018-10-16: "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."

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