# Wajax to acquire Calgary-based Tundra Process Solutions for C$99.1 million

Wajax Corporation agreed to acquire all shares of Tundra Process Solutions, an Alberta industrial maintenance and process equipment distributor, for total consideration of $99.1 million, paid in cash and shares. Closing is expected early in Q1 2021, subject to approvals.

- Type: Acquisition
- Announced: 2020-12-30
- Where: Calgary, Alberta, Canada
- Value: $77.3M (99.1M CAD)
- Status: announced
- Products: valves and actuators, instrumentation and controls, motors and drives, boilers, water treatment solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Wajax](https://endata.com/companies/4043.md) (acquirer)
- [Tundra Process Solutions](https://endata.com/companies/7426.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/wajax-announces-acquisition-of-tundra-process-solutions-835542583.html), 2020-12-30: "Wajax Corporation today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Calgary, Alberta-based Tundra Process Solutions Ltd."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/wajax-announces-closing-of-tundra-process-solutions-acquisition-879141920.html), 2021-01-22: "Wajax Corporation today announced the closing of its previously announced acquisition of all of the issued and outstanding shares of Calgary, Alberta-based Tundra Process Solutions Inc. for total consideration of $99.1 million."
- [newswire.ca](https://www.newswire.ca/news-releases/wajax-annonce-la-cloture-de-l-acquisition-de-tundra-process-solutions-805919980.html), 2021-01-22: "Wajax Corporation a annoncé aujourd'hui la clôture de l'acquisition annoncée précédemment de toutes les actions émises et en circulation de Tundra Process Solutions Inc."

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