Trane Technologies entered into a definitive agreement to acquire Cancoil Thermal Corporation, a Canadian manufacturer of custom heat-transfer products including fluid coolers, condensers and coils. The acquisition includes facilities in Ontario, Canada and Jacksonville, Texas, and over 450 employees.

Univar Solutions has completed the acquisition of Lavo Bulk Business in Canada, strengthening its presence in Eastern Canada and expanding complementary chemical solutions.

Western Forest Products closed the sale of its Stillwater forest operation near Powell River, British Columbia, to Qwoqwnes, owned by the Tla'amin Nation. The deal includes Tree Farm Licence 39 with an allowable annual cut of 469,200 cubic meters, and a long-term fiber supply agreement.

NorthStrive Acquisition Corp I announced a definitive business combination agreement with Nuclea Energy, valuing Nuclea at $350 million. The transaction is expected to close in the first half of 2027, and Nuclea will become publicly traded.

Lepage Millwork agreed to buy luxury window maker Fenêtres MQ from Minnesota-based Andersen. The deal is expected to close in December 2026; terms were not disclosed.

Membertou Development Corporation (MDC) plans to acquire A.W. Leil Cranes & Equipment from SeaFort Capital. The transaction was announced October 27 and was expected to close October 31, 2026.

Lincoln Ventures Ltd. has entered into a binding letter agreement to acquire all shares of Aegis Medical Innovations Inc., a medical device company focused on cardiovascular technology. The transaction is expected to close with Lincoln changing its name to Sierra Medical Innovations Inc.

Jones Healthcare Group, an Ontario-based healthcare packaging company, acquired an operating thermoforming facility and related assets in Brampton, Ontario, previously owned by good natured Products, to add in-house production of custom-formed packaging components.

SPX Technologies completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million.

Supremex Inc. completed the acquisition of all shares of Goldrich Printpak Inc., a folding carton packaging maker with a 68,000 sq ft plant in Toronto, Ontario, for about C$34.0 million cash-free and debt-free. Goldrich had sales of approximately $30.0 million in its last fiscal year.

Omnifab has officially acquired Électromécano, a Louiseville company specialized in pump maintenance, repair and service. Former owner Jean-Réal Gosselin joins Omnifab and the employees have been integrated.

Laurentide Controls announced the acquisition of CIV-Barsatech, a Saguenay firm repairing, distributing and manufacturing industrial valves and pumps. The transaction was concluded on May 29, 2026.

Atlas Copco acquired Trident Compressed Air, an Ontario, Canada air compressor sales and service company founded in 1987 with eight employees, joining its service division.

PolyExpert and Polykar Industries completed a merger of equals to form Invera Flexibles, a North American flexible packaging maker with over $200 million in combined sales and 350 employees. The company is majority-backed by Kent Road Capital.

Distribution Solutions Group acquired Eastern Valve & Control Specialties Ltd., an industrial valve and instrumentation distributor in Paradise, Newfoundland, Canada, with annual revenue of about CAD 17 million. The deal expands its Source Atlantic Mobile Valve platform.

LM Packaging acquired certain assets of Cascades Enviropac in Berthierville, Quebec, and will consolidate production at its Saint-François-de-la-Rivière-du-Sud plant, creating 40 jobs. The announcement was dated February 6, 2026.

Chicago-based FirmaPak, a Shore Capital portfolio company, acquired Easy Plastic Containers Corp, a Canadian blow molder with two facilities near Toronto; financial terms were not disclosed.

Birch Hill Equity Partners agreed to buy about 72.1% of industrial valve manufacturer Velan from the Velan family for C$13.10 per share, roughly C$204 million in gross proceeds. Closing is expected in the first half of 2026.

Birch Hill completed the acquisition of a controlling interest in Montreal-based valve maker Velan from Velan Holding and affiliated entities at C$13.10 per share, giving it about 72.1% of shares and 91.9% of voting rights.

Cizzle Brands Corporation completed the acquisition of all shares of Flow Water Inc.'s beverage co-manufacturing business for approximately C$83.75 million, funded by an Orion Infrastructure Capital credit facility, a vendor loan and private placements. The manufacturing facility in Aurora, Ontario will become the CWENCH Hydration Factory.

Soteria Flexibles, a US flexible packaging maker, agreed to acquire all shares of Montreal-based film and packaging manufacturer Imaflex for CAD 2.35 per share in cash, a total equity value of about CAD 123 million. Closing is expected in the first quarter of 2026.

Omnifab acquired Électromécano, a Quebec firm specialised in pump maintenance, repair and service, with its employees joining Omnifab. The announcement was first made on December 11, 2025.

AxFlow, a division of Axel Johnson International, has acquired Jadler Industries, a Canadian provider of fluid handling systems and services.

Cascades agreed to sell its Flexible Packaging plant activities in Mississauga, Ontario, to Five Star Holding of Houston, Texas, for CAN$31 million, effective immediately. The 45 employees will be retained and a supply agreement covers continued film supply to Cascades.

The Toro Company agreed to acquire publicly listed Calgary-based vacuum truck manufacturer Tornado Infrastructure Equipment Ltd., which had about CAD 149 million in net sales over the 12 months to June 2025. Closing is expected in Toro's fiscal 2026 first quarter.

Labelink, a North American printer with nine plants, acquired L'Empreinte of Laval, Quebec, a 110-employee printer of folding cartons, labels and marketing materials. L'Empreinte will keep its name and client portfolio.

L'Islet, Quebec-based Innovair Solutions has acquired Thermo 2000 as part of its growth strategy in North America.

AxFlow, the fluid handling division of Axel Johnson International, announced its acquisition of Calgary-based Jadler Industries to strengthen its presence in Canada. Jadler distributes pumps, valves, heat exchangers and process instrumentation.

SPX Technologies completed its acquisition of Toronto-based Sigma Heating and Cooling and Omega Heat Pump for about $144 million (CAD 200 million), expanding its HVAC portfolio.

London, Ontario-based Emco Corporation completed its acquisition of MRC Global's Canadian division, announced March 14, 2025. Its nine locations in Alberta, British Columbia and Ontario will be rebranded Midfield Valve & Supply over the coming year.

FloWorks International, a Wynnchurch Capital portfolio company, has acquired CAC Industrial Equipment Ltd., a pump distributor with repair services based in Victoria, British Columbia. The deal is FloWorks' fifth acquisition under Wynnchurch ownership.

Andlauer Healthcare Group's Nova Pack packaging subsidiary is combined with Toronto-based contract packager NowPac in a 50/50 joint venture. Financial terms were not disclosed.

Twin Disc, Inc. has completed its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., a British Columbia company making brake, control and steering systems for industrial and marine markets. Kobelt delivered about $14 million revenue in 2024.

Buhler Industries Inc. signed an amalgamation agreement under which ASKO Sinai ve Teknoloji, which already owns about 96.7% of Buhler's shares, would take the company private. Minority shareholders would receive CDN$7.30 per share in cash.

Italian packaging maker Masterpack S.P.A has acquired PC Packaging, based in Anjou, Quebec, and the company will gradually be renamed Masterpack North America. Financial terms were not disclosed.

Atlanta-based packaging supply chain firm Coregistics, a Red Arts Capital portfolio company, acquired contract packager Belvika Trade & Packaging, which operates from Mississauga, Ontario. No financial terms were disclosed.

French firefighting equipment maker Leader Group announced a merger with C.E.T. Group, a Pierreville, Quebec manufacturer of portable fire pumps and foam systems. The deal, announced 30 October 2024, strengthens Leader's international position.

Quebec family office Atwater Capital has acquired RDC Contrôle Ltée, a Quebec manufacturer of industrial cylinders, actuators and thermocouples founded in 1975. The announcement was made on October 17, 2024.

Enjay Converters, a portfolio company of Champlain Financial, has acquired Toronto-based protective packaging manufacturer Corner Edge Products; financial terms were not disclosed.

Winters Instruments has acquired CPW Valve & Instrument, a Canadian manufacturer of pressure instruments and accessories based in Edmonton, Alberta. Both companies will continue to operate independently.

Ebara group companies Hayward Gordon ULC and EBARA Pumps Canada merged into EBARA HG ULC, which makes industrial pumps and mixers. Scott Turbon Mixer was renamed EBARA Mixers Inc.

Hayward Gordon ULC and EBARA Pumps Canada Corporation amalgamated to form EBARA HG ULC, and Scott Turbon Mixer Inc. was renamed EBARA Mixers Inc., effective June 30, 2024. The changes are based in Halton Hills, Ontario.

Imperial Dade Canada, backed by Advent International, acquired Canpaco, a custom packaging company based in Woodbridge, Ontario. The deal value was not disclosed.

ATS Corporation signed a definitive agreement to acquire Paxiom Group, a Montreal-headquartered maker of primary, secondary and end-of-line packaging machines with about 200 employees and roughly $67 million revenue in 2023.

Wipro Hydraulics signed a definitive agreement to acquire the assets of Canada-based Mailhot Industries, including its JARP Industries unit, a maker of hydraulic cylinders for refuse trucks and snow removal equipment; financial terms were not disclosed.

Laurentide Controls, Eastern Canada's largest industrial process automation supplier, acquired Liquiteck, a pump distributor and repair firm with facilities in Valleyfield and Val d'Or, Quebec. Liquiteck will keep its name and facilities.

Mondi completed its acquisition of the Hinton Pulp mill in Hinton, Alberta, which was announced in February 2024. The company celebrated the completion with local officials and employees on March 20, 2024.

ProAmpac signed a definitive agreement on March 13, 2024 to acquire Gelpac, a producer of multiwall paper and poly-woven packaging with six facilities in the US and Canada, from an investor group led by NAMAKOR Holdings.

Novacap has acquired Alliance Labeling Inc., an Oakville, Ontario provider of ancillary packaging and warehousing solutions with engineering capabilities. The deal aims to expand Alliance's presence in Ontario, Quebec, Canada and the US.

FloWorks, a portfolio company of Wynnchurch Capital, initiated the add-on acquisition of AWC Process Solutions, a Western Canadian manufacturer's representative and distributor of pumps, compressors, valves and control equipment. The announcement was made on February 28, 2024.