M&A Deal Summary

CIMS Acquires Chemfab Industries

On December 31, 2016, CIMS acquired energy services and equipment company Chemfab Industries

Acquisition Highlights
  • This is CIMS’s 1st transaction in the Energy Services and Equipment sector.
  • This is CIMS’s 1st transaction in Canada.
  • This is CIMS’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-12-31
Target Chemfab Industries
Sector Energy Services and Equipment
Buyer(s) CIMS
Deal Type Add-on Acquisition

Target

Chemfab Industries

Corunna, Ontario, Canada
Chemfab Industries, Inc. is an industrial contractor focused on providing unionized trades to oil refineries, chemical processing plants, and other industrial facilities in Southern Ontario. Chemfab Industries was founded in 1980 and is based in Corunna, Ontario.

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Buyer(S) 1

Buyer

CIMS

Port Coquitlam, British Columbia, Canada
Category Company
Founded 1991
Sector Business Services
DESCRIPTION

CIMS provides heavy-duty mechanical maintenance for the oil and gas, mining and power generation, and pulp and paper sectors. CIMS operates across western Canada and focuses on maintaining and repairing boilers, reactors, precipitators, and other pressure vessels. CIMS was founded in 1991 and is based in Port Coquitlam, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
Mergr

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