M&A Deal Summary

Corrosion and Abrasion Solutions Acquires Inotec Coatings and Hydraulics

On September 1, 2014, Corrosion and Abrasion Solutions acquired metals/mining company Inotec Coatings and Hydraulics from McCoy Global

Acquisition Highlights
  • This is Corrosion and Abrasion Solutions’ 1st transaction in the Metals/Mining sector.
  • This is Corrosion and Abrasion Solutions’ 1st transaction in Canada.
  • This is Corrosion and Abrasion Solutions’ 1st transaction in Alberta.

M&A Deal Summary

Date 2014-09-01
Target Inotec Coatings and Hydraulics
Sector Metals/Mining
Buyer(s) Corrosion and Abrasion Solutions
Sellers(s) McCoy Global
Deal Type Divestiture

Target

Inotec Coatings and Hydraulics

Edmonton, Alberta, Canada

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Buyer(S) 1

Buyer

Corrosion and Abrasion Solutions

Edmonton, Alberta, Canada

Category Company
Founded 1984
Sector Business Services
DESCRIPTION

Corrosion and Abrasion Solutions Ltd. providing innovative solutions to corrosion and abrasion problems experienced by energy, mining and other industrial customers.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

McCoy Global

Edmonton, Alberta, Canada

Category Company
Founded 1914
Sector Energy Services and Equipment
Employees357
DESCRIPTION


DEAL STATS #
Overall 2 of 2
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 2 of 2
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-01 Peerless

Penticton, British Columbia, Canada

Peerless Ltd. specialized trailer and chassis designer and manufacturer for a variety of industries including oil and gas, mining, forestry, logging and construction.

Sell -