M&A Deal Summary

Canerector Acquires Quality Fabrication

On January 24, 2020, Canerector acquired metals/mining company Quality Fabrication

Acquisition Highlights
  • This is Canerector’s 1st transaction in the Metals/Mining sector.
  • This is Canerector’s 1st transaction in the United States.
  • This is Canerector’s 1st transaction in California.

M&A Deal Summary
Date 2020-01-24
Target Quality Fabrication
Sector Metals/Mining
Buyer(s) Canerector
Deal Type Add-on Acquisition

Target

Quality Fabrication

Chatsworth, California, United States
Quality Fabrication, Inc. has been a manufacturer of custom precision sheet metal fabrication and machining parts serving California and the surrounding area. Located in Chatsworth, California the company is housed in a 50,000 sq.ft facility and uses state of the art technology and equipment in the manufacture of quality products. Serving a variety of industries the products manufactured range from panels, machined parts to large tube frames. Quality Fabrication was formed in 1980 and is based in Chatsworth, California.

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Buyer(S) 1

Buyer

Canerector

North York, Ontario, Canada
Category Company
Founded 1947
Sector Metals/Mining
DESCRIPTION

Canerector, Inc. is a private, family-owned, multi-divisional company based in Toronto, Ontario. The company's mandate is to buy and hold businesses focused on metal fabrication and industrial manufacturing. Canerector was formed in 1947 and is based in North York, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
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