B&D Manufacturing completed the acquisition of a majority stake in Wavecom Capital.

Wavecom Capital, a private equity firm, completed the acquisition of a majority stake in B&D Manufacturing, a product line of heavy mining trucks and machinery. Financial terms were not disclosed. "B&D is a jewel in the Canadian manufacturing landscape. Our investment is more than just a financial transaction; it is a commitment to the people of Sudbury and the incredible engineering heritage they have built. We see a massive opportunity to take B&D's world-class safety solutions—which are already a standard in many Canadian mines—and accelerate their adoption across the global mining and construction sectors," Yuval Barzakay, Wavecom Capital President.