# Metal 7 acquires Megatraction Equipment

Metal 7 Inc acquired Megatraction Equipment, a manufacturer of the Megalifter lifting equipment for heavy electric shovels and hydraulic excavators used in mining.

- Type: Acquisition
- Announced: 2018-08-13
- Where: Quebec City, Quebec, Canada
- Status: completed
- Products: Megalifter lifting equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Métal 7](https://endata.com/companies/22603.md) (acquirer)
- [Megatraction Equipment](https://endata.com/companies/33735.md) (target)

## Sources

- [canadianminingjournal.com](https://www.canadianminingjournal.com/news/merger-metal-7-acquires-maker-of-shovel-lifting-equipment/), 2018-08-13: "Metal 7 Inc. announces the acquisition of the manufacturer Megatraction Equipment, which is headquartered in Quebec City."

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