M&A Deal Summary

Mattr Infratech Acquires ZCL Composites

On January 20, 2019, Mattr Infratech acquired manufacturer ZCL Composites for 312M USD

Acquisition Highlights
  • This is Mattr Infratech’s 1st transaction in the Manufacturing sector.
  • This is Mattr Infratech’s largest (disclosed) transaction.
  • This is Mattr Infratech’s 1st transaction in Canada.
  • This is Mattr Infratech’s 1st transaction in Alberta.

M&A Deal Summary
Date 2019-01-20
Target ZCL Composites
Sector Manufacturing
Buyer(s) Mattr Infratech
Deal Type Add-on Acquisition
Deal Value 312M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Bennett Jones (Legal)

Target

ZCL Composites

Edmonton, Alberta, Canada
ZCL Composites, Inc. is North America's largest manufacturer of environmentally friendly fiberglass reinforced plastic ("FRP") underground storage tanks for the fuel, water and wastewater, and oil & gas markets. ZCL is an innovator in composite tank engineering, with nearly 40 years of direct industry experience.

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Buyer(S) 1

Buyer

Mattr Infratech

Toronto, Ontario, Canada
Category Company
Sector Energy Services and Equipment
Employees5,938
Revenue 925M CAD (2023)
DESCRIPTION

Mattr Infratech is a growth-oriented, global energy services company that operates through eight divisions which focus on technology-based products and services for the pipeline and pipe services market and the petrochemical and industrial market with manufacturing and service facilities located in over fifteen countries around the world. Mattr Infratech is based in Toronto, Ontario.

DEAL STATS #
Overall 4 of 6
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 Lake Superior Consulting

Duluth, Minnesota, United States

Lake Superior Consulting LLC is a professional services firm, specializing in pipeline engineering and integrity management services to major pipeline operators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Canusa-CPS

Toronto, Ontario, Canada

Canusa-CPS is a developer and manufacturer of specialty pipeline coatings for the sealing and corrosion protection of pipeline joints and other substrates. Canusa-CPS delivers innovative solutions to increase the integrity of pipelines with an ever-increasing focus on advanced corrosion protection, automation for consistency, productivity, and safety and through the availability of data from field operations in real-time to provide greater traceability for our customers. Canusa-CPS was founded in 1966 and is based in Toronto, Ontario.

Sell -
Mergr

Product

Company

Legal