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.
Cattron acquired DynaGen Technologies Inc., a Nova Scotia producer of rugged engine and generator control panels, to expand its control solutions portfolio. The deal was announced on December 8, 2020.
Flexible packaging company ProAmpac, a portfolio company of Pritzker Private Capital, acquired Canadian packaging manufacturers Rosenbloom Groupe, Hymopack and Dyne-A-Pak. The deal was reported on 2 December 2020.
West Fraser agreed to acquire all outstanding shares of Norbord, the world's largest OSB producer, in an all-stock transaction valued at about C$4.0 billion (US$3.1 billion).
The Master Group has acquired Alberta-based Soper's Supply Ltd, a distributor of electric motors, fans, blowers and pumps to the Western Canada market. The deal adds branches in Winnipeg, Edmonton, Calgary, Surrey and Vancouver.
Berlin Packaging announced the acquisition of Consolidated Bottle Corporation, a Canadian supplier of plastic, glass and metal containers and closures. The deal significantly expands Berlin Packaging's footprint in Canada, and all Consolidated Bottle employees and locations will be retained.
Shareholders of Montreal-based sustainable packaging provider IPL Plastics agreed to the company's sale to an affiliate of Madison Dearborn Partners, reported September 29, 2020.
Xebec Adsorption agreed to acquire Applied Compression Systems Ltd., a British Columbia service provider for renewable natural gas and hydrogen installations, for approximately $4.5 million. The deal is effective August 31, 2020.
Halliburton sold its Canadian progressing cavity pump business line, Europump, to PCM Artificial Lift Solutions, with Sequeira Partners as exclusive sell-side advisor. The deal, in Alberta, strengthens PCM's presence in Canada.
Friesens Corporation of Altona, Manitoba merged its Friesens Packaging and think4D subsidiaries into a new company, Think 4D Inc., which will offer custom rigid boxes from an 80,000 sq ft building.
Madison Dearborn Partners funds agreed to acquire IPL Plastics Inc. from shareholders including CDPQ for approximately CAD 550 million on 28 July 2020. CDPQ will keep a minority stake of about 24.9%.
Nestlé Canada agreed to sell its Nestlé Pure Life bottled-water business to Ice River Springs, including two factories in Puslinch, Ontario and Hope, British Columbia and a well in Erin, Ontario. Closing is expected in Q3 2020, subject to regulatory review.
C-P Flexible Packaging, a First Atlantic Capital portfolio company, acquired Genpak Flexible, a North American compostable and flexible packaging supplier with plants in Aurora, Ontario and Lakeville, Minnesota. The deal was announced on 2020-06-19 and no value was disclosed.
Montreal-based TC Transcontinental bought the assets of Enviroplast, an insolvent LDPE film recycler with plants in Quebec and Ontario, for 16.1 million Canadian dollars. The purchase was announced June 16, 2020, and the equipment will supply recycled resin for its packaging production.
Fulcrum Capital Partners acquired contract packaging provider Belvika Trade & Packaging in Mississauga, Ontario, marking the eleventh platform investment from its Private Equity Fund V. The management team led by President Mario Golias will continue to run the business. The deal value was not disclosed.
Ontario-based Royal Containers has acquired Mississauga-based corrugated packaging maker C&B Display Packaging. The deal value was not disclosed.
Vancouver-based packaging manufacturer Great Little Box Co announced its acquisition of custom packaging company Ideon Packaging. The companies plan to operate alongside each other in existing facilities while integrating long term.
Gertex Solutions acquired Freepak Inc., a packaging supplies provider based in Stoney Creek, Ontario, adding warehouse space and expanding its Ontario service coverage. The announcement was made on 9 March 2020.
Good Natured Products agreed to acquire Shepherd Thermoforming & Packaging, a custom thermoforming provider in Brampton, Ontario, for C$9.5 million. BDC is providing financing, including a C$6 million mortgage for the real estate, and the deal is expected to close in May 2020.
Curtiss-Wright agreed to acquire the stock of Canada's Dyna-Flo Control Valve Services Ltd for CAD$81 million (US$62 million) in cash. Dyna-Flo makes control, isolation and actuator valves for chemical, petrochemical and oil and gas markets.
TerraVest Industries acquired the assets of Argo Sales Inc., an Alberta-based manufacturer of wellhead processing and production equipment for the Canadian oil and gas market. The deal was funded with existing cash and credit facilities.
Lakeside Process Controls acquired Sudbury-based CW Mechanical Limited, a valve repair and certification services company serving industrial customers in Northern Ontario, effective November 15, 2019. Lakeside plans to build a full service and production facility in Sudbury.
Atlas Copco has acquired the WestRon Group, a Canadian distributor focused on sales, installation and service of small industrial compressors and blowers. WestRon is based in Calgary, Alberta, has 26 employees and its purchase price was not disclosed.
ProMach acquired Jet Label & Packaging, a Edmonton-based label maker with seven offices across Western Canada, to expand its labeling and coding capabilities. The announcement was made on 30 October 2019 and no value was disclosed.
Motion Canada, a division of Motion Industries, agreed to acquire The Fluid Power House, an engineering-focused fluid power distributor with four Ontario locations, with execution on October 1, 2019.
Motion Canada, a division of Motion Industries, acquired Ontario-based fluid power distributor The Fluid Power House on 1 October 2019. FPH has about 40 employees in four Ontario locations and projects 2019 sales above $21 million.
Consolidated Container, through its Altium Packaging Canada business, acquired Quebec-based Plastique Micron and its affiliates IMBC Blowmolding and Les Produits de Plastique Action. The exact date was not given in the article.
Proax Technologies Ltd. announced its acquisition of C&B Industrial Supplies Ltd., a supplier of compressed air equipment and industrial pneumatic components serving Atlantic Canada for 32 years. The announcement is dated July 30, 2019.
Charl-Pol acquired the Fabnor plant in Sept-Iles, Quebec with a local partner in summer 2019, with operations starting there in December.
Atlas Copco acquired PSI Compressors of Brockville Incorporated, a compressor distributor in south-eastern Ontario, to expand direct sales and service in eastern Ontario. The price was not disclosed and the company joins the Compressor Technique division.
Altium Packaging Canada, a subsidiary of Consolidated Container Company, acquired Plastique Micron Inc. and affiliates IMBC Blowmolding 2014 and Action Plastic Products for an undisclosed amount. Plastique Micron has three plants in Ontario and Quebec and about 200 employees.
Altium Packaging Canada, part of CCC, has acquired Plastique Micron, a plastic packaging business. The article gives no deal value or location.
Hunt Valve Co, a Salem, Ohio valve maker backed by May River Capital, acquired Montreal Bronze Ltd of Terrebonne, Québec, a supplier of severe-duty bronze marine valves. No financial terms were disclosed.
Smith Cameron Group acquired Westcan Industries and its sister company Indu-Tech, effective March 1, 2019, adding pump rebuild and repair and specialty valve manufacturing for Western Canada from a 45,000 sq ft facility in Langley, British Columbia.
Timber Investments bought a 51 per cent interest in Columbia Containers from Providence Grain Group, which keeps 49 per cent. Columbia Containers operates a grain and agri products container transloading facility in Vancouver, B.C., now with capacity of 1.5 million tonnes a year.
Weichai Power's subsidiary Weichai HK acquired 46.1 million common shares, about 19.9% of Ballard Power Systems, in exchange for an equity investment of about US$163.6 million, a China joint venture, and a $90 million technology transfer program.
Gardner Denver Holdings has acquired DV Systems Inc., a Barrie, Ontario manufacturer of rotary screw and piston compressors, funded with cash on hand. The price was not disclosed.
Mueller Water Products signed a definitive agreement to acquire Krausz Industries Ltd for $140 million in cash.
Reid Canada, a subsidiary of Consolidated Container Company, acquired plastic bottle makers Polybottle Group and Humberline Packaging from ABC Group, with plants in Toronto, Vancouver and Edmonton. Terms were not disclosed.
Wajax Corporation has acquired all shares of Montréal-based Groupe Delom Inc., a maintenance and repair provider for electromechanical and rotating equipment, for a purchase price of $51.8 million with $2.0 million contingent on performance targets. Delom has six branches in Eastern Canada.
Calgary-based 24/7 Compression Ltd. and Belair Power & Production Equipment Inc. announced a completed merger, combining natural gas compression service and power generation packaged equipment businesses. The merger was announced on October 10, 2018.
Wolseley Canada acquired Calgary-based James Electric Motor Services, a market leader in pump and motor sales and repair in Western Canada, with all 64 employees joining Wolseley. The deal was announced in September 2018.
Fruit d'Or agreed to acquire a majority holding in Bleuets Mistassini and Bleuet Nordic, two Quebec berry processors, to create a unified entity focused on international growth.
Plaintree Systems Inc. signed an agreement to purchase all share capital of Spotton Corporation, a maker of custom hydraulic and pneumatic valves and cylinders in Arnprior, Ontario. The consideration is nominal, and Spotton owes Plaintree CAD 1.7 million.
Intertape Polymer Group agreed to acquire 100% of Polyair Inter Pack, a private protective packaging maker with seven North American plants, for about $146 million in cash, subject to closing adjustments.
Reid Canada, a subsidiary of Consolidated Container Company, has acquired the assets of Deltapac Packaging, a Montreal maker of plastic bottles for the specialty chemical, cosmetic, food and pharmaceutical industries. Terms were not disclosed.
Ballard Power Systems acquired strategic testing, prototype production and lab assets from Automotive Fuel Cell Cooperation, which Daimler and Ford are winding down in Vancouver. The equipment covers about 11,000 square feet and adds capacity at Ballard's existing Vancouver facilities.
Dana Incorporated becomes majority shareholder of TM4, Hydro-Québec's electric motor and inverter subsidiary, for CA$165 million, with Hydro-Québec keeping 45%. TM4's Boucherville, Québec facility and 130 employees remain in place.
Calgary-area Sage Energy Corporation and NGC Compression Solutions merged their businesses, effective immediately, to form NEXT Compression Corp. The company makes natural gas compression equipment and is led by CEO Shane Guiltner.
Platinum Equity completed its acquisition of Husky Injection Molding Systems, based in Bolton, Ontario, from Berkshire Partners and OMERS Private Equity for $3.85 billion, announced on 29 March 2018.