Canerector Acquires Promac Industries Inc.

November 4, 2024

Canerector has acquired Promac Industries Inc., a Calgary-based precision machining and downhole tooling specialist serving the energy services sector. The deal brings enhanced turning, milling, design consultation and prototyping capabilities into Canerector's network and was completed with Promac's former owner, Sean Monaghan, supporting the transition.

Buyers
Canerector
Targets
Promac Industries Inc.
Sellers
Sean Monaghan
Industry
Manufacturing
Location
Alberta, Canada
Transaction Type
Buyout

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