Marubeni (via Belterra) Acquires Remacan Industries Inc.
April 1, 2021
Marubeni Corporation, through its wholly owned Canadian subsidiary Belterra Corporation, acquired 100% of Remacan Industries Inc., a Sudbury, Ontario-based conveyor belt distributor and repair services provider. The acquisition expands Belterra's geographic coverage into Eastern Canada and strengthens Marubeni's conveyor belt business and field service capabilities in North America.
- Buyers
- Marubeni Corporation, Belterra Corporation
- Targets
- Remacan Industries Inc.
- Platforms
- Belterra Corporation
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Transaction Type
- Addon
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