# J.H. Fletcher to acquire Cannon Mining product lines from Lake Shore/Trident

J.H. Fletcher & Co reached an agreement in principle to acquire the Cannon Mining product lines from Lake Shore/Trident, including underground mining equipment such as jumbos, bolters, and scalers. The acquisition is expected to close in May 2022.

- Type: Acquisition
- Announced: 2022-05-05
- Where: Huntington, WV, United States
- Status: announced
- Products: underground mining equipment, jumbos, bolters, scalers, utility machines
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [J. H. Fletcher & Co.](https://endata.com/companies/15997.md) (acquirer)
- [Lake Shore Systems Inc.](https://endata.com/companies/60025.md) (target)
- [Trident Maritime Systems Heavy Equipment Group](https://endata.com/companies/63445.md) (target)
- [Cannon Mining Equipment, LLC](https://endata.com/companies/63446.md) (target)

## Sources

- [coalzoom.com](https://www.coalzoom.com/article.cfm?articleid=28725), 2022-05-05: "J.H. Fletcher & Co has announced that an agreement in principle has been reached to acquire the Cannon Mining product lines from Lake Shore/Trident."
- [globalminingreview.com](https://www.globalminingreview.com/mining/14062022/jh-fletcher-completes-its-acquisition-of-cannon-mining/), 2022-06-14: "This acquisition will serve to further strengthen the current mining equipment product lines offered through both the J.H. Fletcher & Co. and Cannon Brands"
- [minersnews.net](https://minersnews.net/fletcher-acquires-cannon/), 2022-06-14: "The acquisition of Cannon Equipment will provide over 30 years of experience building underground mining equipment for industrial mineral and metal mines."

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