M&A Deal Summary

Commercial Solutions Acquires Cando Oilfield Supplies & Services

On November 1, 2003, Commercial Solutions acquired distribution company Cando Oilfield Supplies & Services

Acquisition Highlights
  • This is Commercial Solutions’ 1st transaction in the Distribution sector.
  • This is Commercial Solutions’ 1st transaction in Canada.
  • This is Commercial Solutions’ 1st transaction in Alberta.

M&A Deal Summary

Date 2003-11-01
Target Cando Oilfield Supplies & Services
Sector Distribution
Buyer(s) Commercial Solutions
Deal Type Add-on Acquisition

Target

Cando Oilfield Supplies & Services

Nisku, Alberta, Canada
Cando Oilfield Supplies & Services Ltd. is an oil and gas equipment distribution company.

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Buyer(S) 1

Buyer

Commercial Solutions

Indianapolis, Indiana, United States

Category Company
Founded 2003
Sector Electronics
DESCRIPTION

Commercial Solutions, Inc. is a national distributor of bearing and power transmission supplies, industrial safety products and resource management equipment.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2003) 1 of 1