Announced
Completed
Financials
Tags
Majority
earthmoving equipment
Private Equity
Canada
Machinery: Industrial
Completed
Private
Domestic
Friendly
Single Bidder
Acquisition
Synopsis
Kinperium Industries, a family office that invests in long term sustainable businesses and industries, completed the acquisition of K-Tec Earthmovers, a earthmoving equipment manufacturer, from Owner Resource Group, a Texas-based private investment firm. Financial terms were not disclosed. "We are extremely proud of the K-Tec management team and their accomplishments during our partnership with them. They established a new world-class manufacturing facility outside of Winnipeg, successfully acquired Ashland Industries and expanded internationally. They have executed tremendously, growing from a smaller regional company to a global leader in their industry," Jonathan Gormin, ORG Managing Director.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.