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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