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Announced

Completed

Fluid System Components completed the acquisition of Norcan Fluid Power.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

Diversified Materials

Majority

Single Bidder

Canada

Private

Acquisition

fluid power components

Completed

Synopsis

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Fluid System Components, a manufacturer of industrial components and systems, completed the acquisition of Norcan Fluid Power, a fluid power distributor. Financial terms were not disclosed. “We are excited to announce the acquisition of Norcan Fluid Power Company by Fluid System Components, as it will provide an excellent growth opportunity for everyone associated with both companies. Norcan’s long-standing reputation for providing superior fluid power solutions aligns with our core values of ingenuity, competence, dependability, and reliability. This acquisition provides an excellent opportunity for both companies to grow and thrive together,” Chad Trinkner, FSC CEO.

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