Finning - M&A Summary and Business Overview

MachineryCompany

Finning M&A Summary

Finning has acquired 12 companies, including 2 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Finning’s largest acquisition to date was in 2012, when it acquired Caterpillar - Distribution Business for $465M. It’s largest disclosed sale occurred in 2010, when it sold Hewden Stuart to Sun Capital Partners for $169M. Finning has acquired in 5 countries. The Company’s most targeted sectors include business services (28%) and distribution (28%).

Finning Business Overview

Where is Finning headquartered?

Finning is headquartered in Vancouver, British Columbia.

What is Finning’s revenue?

Finning disclosed revenue of 9,279M CAD for 2022 and 7,294M CAD for 2021.

How many employees does Finning have?

Finning has 13,188 employees.

What sector is Finning in?

Finning is a machinery company.

When was Finning founded?

Finning was founded in 1933.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity11
    • M&A Sell Activity2
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Finning

Finning International, Inc.

565 Great Northern Way Suite 300,
Vancouver, British Columbia V5T 0H8
Canada,
(888) 346-6464
www.finning.com

Finning is the largest Caterpillar dealer operating in some of the most resource-rich territories in the world. Finning was founded in 1933 and is based in Vancouver, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 9 - - 2 - - 11
vol $1.1B $100M $1.2B
Sell (0.0/yr) # 2 - - - - - 2
vol $219M $219M
  13

Most Recent M&A

Company Date Value Type
Hydraquip Hose & Hydraulics Ltd. 2022-03-22 100M GBP Add-on Acquisition
Rochester, United Kingdom · www.hydraquip.co.uk
Hoses Direct Ltd. 2022-03-22 - Add-on Acquisition
Canterbury, United Kingdom · www.hoses.co.uk
4Refuel Canada LP 2018-12-10 260M USD Add-on Acquisition
Langley, British Columbia · www.4refuel.com
Kramer Ltd. 2015-05-06 230M USD Add-on Acquisition
Regina, Saskatchewan · www.kramer.ca
Caterpillar - Distribution Business 2012-01-18 465M USD Divestiture
, United Kingdom
Hewden Stuart Ltd. 2010-05-05 169M GBP Divestiture
Manchester, United Kingdom · www.hewden.co.uk
Collicutt Energy Services Ltd. 2007-11-27 110M CAD Add-on Acquisition
Red Deer, Alberta · www.collicutt.com
Blandin Light Plant Ltd. 2003-05-08 2M CAD Add-on Acquisition
Channel Islands, United Kingdom
Macrosa Del Plata S.A. 2003-01-13 - Add-on Acquisition
Beccar, Argentina
General Machinery Co. S.A. 2003-01-13 - Add-on Acquisition
Montevideo, Uruguay · www.gemcosa.com.uy
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
4Refuel Canada LP 2018-12-10 ComTech Energy 2021-09-14 1
Langley, British Columbia · www.4refuel.com Milton, Ontario · www.comtechenergy.ca

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 3 (27%) 232M (20%) 2 (100%) 219M (100%)
Distribution 3 (27%) 465M (40%) - -
Energy Services and Equipment 2 (18%) 370M (32%) - -
Manufacturing 2 (18%) 100M (9%) - -
Marine 1 (9%) - - -
Total 11 $1.2B 2 $219M

By Geo

State/Country Buy Value Sell Value
United Kingdom 5 567M 1 169M
Canada 3 600M 1 49M
  British Columbia 1 260M 1 49M
  Saskatchewan 1 230M - -
  Alberta 1 110M - -
Argentina 1 - - -
Germany 1 - - -
Uruguay 1 - - -
Domestic 3 (27%) 600M (51%) 1 (50%) 49M (23%)
Cross-border 8 (73%) 567M (49%) 1 (50%) 169M (77%)
Total 11 $1.2B 2 $219M

Top M&A Advisors

Financial Deals
National Bank Financial
1
Legal Deals
Borden Ladner Gervais
2

Deal Values

buy # Total
$100M to $1B 5 $1.2B
< $100M 1 $2M
TOTAL $1.2B
Largest Caterpillar - Distribution Business
$465M (2012-01-18)
sell # Total
$100M to $1B 1 $169M
< $100M 1 $49M
TOTAL $219M
Largest Hewden Stuart Ltd.
$169M (2010-05-05)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Strategic(s)
18%
2 (18%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

 Subscribe to unlock this and 202,656
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 194K M&A Transactions
  • 198K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.