M&A Deal Summary

PyroGenesis Canada Acquires AirScience

On April 27, 2021, PyroGenesis Canada acquired energy services and equipment company AirScience for 5M CAD

Acquisition Highlights
  • This is PyroGenesis Canada’s 1st transaction in the Energy Services and Equipment sector.
  • This is PyroGenesis Canada’s largest (disclosed) transaction.
  • This is PyroGenesis Canada’s 1st transaction in Canada.
  • This is PyroGenesis Canada’s 1st transaction in Quebec.

M&A Deal Summary

Date 2021-04-27
Target AirScience
Sector Energy Services and Equipment
Buyer(s) PyroGenesis Canada
Deal Type Add-on Acquisition
Deal Value 5M CAD

Target

AirScience

Montreal, Quebec, Canada
AirScience is a North American company based in Montreal that designs and builds Biogas Upgrading Systems and Equipment for biodigesters and landfill gas applications. AirScience was founded in 1993 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

PyroGenesis Canada

Montreal, Quebec, Canada

Category Company
Founded 1991
Sector Chemicals
Employees120
Revenue 19M USD (2022)
DESCRIPTION

PyroGenesis Canada designs, develops, manufactures, and commercializes plasma atomized metal powder, environmentally friendly plasma waste-to-energy systems, and clean plasma torch products. PyroGenesis Canada was founded in 1991 and is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Drosrite

Mahwah, New York, United States

Drosrite provides state-of-the-art waste management technologies to the aluminum industry. Drosrite is headquartered in Mahwah, New York.

Buy CA$1M