Add-on Acquisition • Distribution

Plaintree Systems Acquires Elmira Stove Works

On April 4, 2022, Plaintree Systems acquired distribution company Elmira Stove Works

Acquisition Context
  • This is Plaintree Systems’ 1st transaction in the Distribution sector.
  • This is Plaintree Systems’ 1st transaction in Canada.
  • This is Plaintree Systems’ 1st transaction in Ontario.

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M&A Deal Summary

Date April 4, 2022
Target Elmira Stove Works
Sector Distribution
Buyer(s) Plaintree Systems
Deal Type Add-on Acquisition

Target Company

Elmira Stove Works

Elmira, Ontario, Canada
Elmira Stove Works is a manufacturer and distributor of premium vintage-styled appliances and wood-burning cookstoves. Elmira Stove Works offers full lines of circa-1850 and retro/midcentury modern 1950s appliances including ranges, refrigerators, microwaves, wall ovens, range hoods, dishwashers, and wood-burning cookstoves. Elmira Stove Works was founded in 1975 and is based in Elmira, Ontario.
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Buyer Overview 1

Buyer

Plaintree Systems

Arnprior, Ontario, Canada

Category Company
Founded 1988
Sector Communications
Revenue 24M CAD (2025)
DESCRIPTION

Plaintree Systems is a provider of LED-based free space optical wireless communication solutions at 4 x T1, 4 x E1, up to 155Mbps. Plaintree Systems was founded in 1988 and is based in Arnprior, Ontario.


Deal Context for Buyer #
Overall 2 of 2
Sector: Distribution 1 of 1
Type: Add-on Acquisition 2 of 2
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-07 Summit Aerospace USA

Pocono Summit, Pennsylvania, United States

Summit Aerospace USA, Inc. is a provider of precision machining of nickel based super alloys and titanium.

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