◂ Announcements

May 15, 2025ACQUISITIONNisku, Alberta, Canada

Tornado Infrastructure Equipment acquires CustomVac for $28 million

Tornado Infrastructure Equipment Ltd. acquired Custom Vacuum Services Ltd. for $28 million in cash. CustomVac, based in Nisku, Alberta, manufactures truck-mounted and semi-trailer mounted vacuum equipment.

Value

$21.0M (28.0M CAD)

Status

Completed

Productstruck-mounted and semi-trailer mounted vacuum equipment

CompaniesTornado Infrastructure Equipment Ltd. acquirer Custom Vacuum Services Ltd. target

Sectors#Industrial Machinery

“Tornado Infrastructure Equipment Ltd. is pleased to announce the closing of the acquisition of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd.”morningstar.com

2 sources
morningstar.comTornado Completes Strategic Acquisition of CustomVac and Amends TD Credit FacilityMay 15, 2025
sfnet.comTornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility | Secured Finance NetworkMay 19, 2025

Summarized from public sources; check the original articles before acting on it.

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