Element Logic Acquires ABCO Systems

Automated Logic (Carrier) Acquires Control Solutions Ltd.

August 1, 2025

HVAC & Mechanical

Automated Logic – Canada, Ltd., part of Carrier Global Corporation, has acquired Control Solutions, Ltd., an integrated building-automation systems provider headquartered in Coquitlam, British Columbia. The deal establishes Automated Logic's first company-owned controls field office in Vancouver and expands its building-automation footprint in Western Canada; terms were not disclosed.

Colson Group Acquires ARBCO Industries

June 30, 2023

Manufacturing

Colson Group Holdings has acquired ARBCO Industries, LLC, a 56-year-old Export, Pennsylvania-based manufacturer and leading North American producer of phenolic wheels. The acquisition expands Colson Group's product portfolio and U.S. manufacturing footprint; ARBCO's former owner Paul Hauck will join Colson as Director of Operations for ARBCO.

Element Logic Acquires SDI Industries

March 28, 2022

Industrial Services

Norway-based warehouse automation integrator Element Logic has acquired SDI Industries, a Los Angeles-headquartered provider of turnkey automation and sortation systems, expanding Element Logic's footprint into the United States and Latin America. Element Logic is majority-owned by Castik Capital, and SDI's management will reinvest and remain jointly responsible for the U.S. business; the deal adds more than 200 experts and extends Element Logic's AutoStore integration and sortation capabilities.

ABC Technologies Holdings Acquires Karl Etzel GmbH

March 4, 2022

Industrial Services

ABC Technologies Holdings Inc. (TSX: ABCT) completed its previously announced acquisition of a majority interest in Karl Etzel GmbH for approximately US$95 million. The deal expands ABC’s European footprint and introduces its interior products capabilities, with the transaction expected to grow Etzel’s role as a tier-1 and tier-2 supplier to German luxury OEMs.

Castik Capital Acquires Majority Stake in Element Logic

June 4, 2021

Logistics & Distribution

Funds managed by Castik Capital have agreed to acquire a majority stake in Element Logic, partnering with co-founders Dag-Adler Blakseth and Kjell Blakseth plus the management team and employees. Castik will support Element Logic's rapid organic expansion across Europe and help expand its service and software capabilities, with Ares providing financing and several advisors engaged on both sides.

Ei Risk Management Corporation Acquires ABCO Engineering Corporation

February 19, 2020

Construction

Ei Risk Management Corporation (a member of Ei Companies) has acquired ABCO Engineering Corporation, a Denver-area construction quality assurance firm. The deal expands EiRM's construction quality assurance capabilities and positions the combined business as a broader, integrated provider of QA and risk-management services to the construction and insurance industries.