M&A Deal Summary

Canam Acquires Vescom Floor System

On April 30, 2025, Canam acquired building materials company Vescom Floor System

Acquisition Highlights
  • This is Canam’s 2nd transaction in the Building Materials sector.
  • This is Canam’s 3rd transaction in the United States.
  • This is Canam’s 1st transaction in Maryland.

M&A Deal Summary

Date 2025-04-30
Target Vescom Floor System
Sector Building Materials
Buyer(s) Canam
Deal Type Add-on Acquisition

Target

Vescom Floor System

Point of Rocks, Maryland, United States
Vescom Floor System is a developer of an innovative composite floor system for multi-story structures. Vescom Floor System was founded in 1982 and is based in Point of Rocks, Maryland.

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Buyer(S) 1

Buyer

Canam

Point of Rocks, Maryland, United States

Category Company
Founded 1997
Sector Building Materials
Employees2,400
Revenue 1.7B USD (2021)
DESCRIPTION

Canam specializes in designing integrated solutions and fabricating customized products for the North American construction industry. Canam Group takes part in an average of 10,000 building, heavy steel and bridge projects, which can also include the supply of preconstruction and project management services. The Corporation operates 23 plants across North America and employs people in Canada. Canam was founded in 1997 and is based in Point of Rocks, Maryland.


DEAL STATS #
Overall 5 of 5
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Maryland M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-20 Canam Group - Canadian Operations

Quebec, Canada

Canam Group's Canadian Operations specializes in designing integrated solutions and fabricating customized products for the Canadian construction industry.

Sell -