Wajax Corporation, one of Canada's longest-standing and most diversified industrial products and services providers, acquired Groupe Delom, which specializes in the maintenance and repair of critical electromechanical and rotating equipment for continuous process industries, for $52m. "We are extremely pleased to welcome Delom and its team of dedicated professionals to our company," said Mark Foote, President and Chief Executive Officer of Wajax. "The addition of Delom not only enhances our ERS service offering and value proposition to existing customers, it also satisfies each of the criteria we have outlined in our updated acquisition strategy, which includes enhanced EBITDA margins, advancement of our corporate strategy and scale to drive further growth."