Lou-Tec Acquires Torcan Lift Equipment
October 11, 2023
Lou-Tec, a Quebec-based heavy machinery and equipment rental company, has acquired Torcan Lift Equipment, an Ontario specialist in aerial lift sales, rental and maintenance. The deal expands Lou-Tec's presence into Ontario, adds Torcan's fleet and teams to Lou-Tec's network, and is supported by Lou-Tec's private equity backers to accelerate growth and geographic expansion.
- Buyers
- Lou-Tec
- Targets
- Torcan Lift Equipment
- Sellers
- Principal shareholders of Torcan Lift Equipment
- Platforms
- Lou-Tec
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Transaction Type
- Addon
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