Add-on Acquisition • Metals/Mining

Hyduke Acquires Avalanche Metal Industries

On April 3, 2017, Hyduke acquired metals/mining company Avalanche Metal Industries

Acquisition Context
  • This is Hyduke’s 1st transaction in the Metals/Mining sector.
  • This is Hyduke’s 2nd transaction in Canada.
  • This is Hyduke’s 1st transaction in British Columbia.

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M&A Deal Summary

Date April 3, 2017
Target Avalanche Metal Industries
Sector Metals/Mining
Buyer(s) Hyduke
Deal Type Add-on Acquisition

Target Company

Avalanche Metal Industries

Kelowna, British Columbia, Canada
Avalanche Metal Industries Ltd. is a provider of structural steel manufacturing, including production tanks, steps and ladders for production tanks and other equipment for industries including the oilfield and forestry. Avalanche Metal Industries Ltd. is headquartered in Kelowna, Canada.
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Buyer Overview 1

Buyer

Hyduke

Leduc, Alberta, Canada

Category Company
Founded 1995
Sector Energy Services and Equipment
Employees34
Revenue 24M CAD (2018)
DESCRIPTION

Hyduke is a provider of equipment and services to oil and gas drilling and well servicing industry. Hyduke was founded in 1995 and is based in Leduc, Alberta.


Deal Context for Buyer #
Overall 2 of 2
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 2 of 2
State: British Columbia 1 of 1
Country: Canada 2 of 2
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 Thunder & Lightning Welding

Leduc, Alberta, Canada

Thunder & Lightning Welding Ltd. is a manufacturer and fabricater of oilfield equipment. Thunder & Lightning Welding Ltd. is based in Leduc, Alberta.

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