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  6. Shred-Tech Acquires AXO Shredders

M&A Deal Summary

Shred-Tech Acquires AXO Shredders

On August 2, 2016, Shred-Tech acquired automotive company AXO Shredders

Acquisition Highlights
  • This is Shred-Tech’s 1st transaction in the Automotive sector.
  • This is Shred-Tech’s 1st transaction in Canada.
  • This is Shred-Tech’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-08-02
Target AXO Shredders
Sector Automotive
Buyer(s) Shred-Tech
Deal Type Add-on Acquisition

Target

AXO Shredders

Kitchener, Ontario, Canada
AXO Shredders Corp. is a designer and manufacturer of mobile and stationary shredding and recycling systems. Shred-Tech® has installed more than 3,500 shredding and recycling systems worldwide and is recognized globally for its commitment to engineering innovation and quality.

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Buyer(S) 1

Buyer

Shred-Tech

Cambridge, Ontario, Canada
Category Company
Founded 1978
Sector Machinery
DESCRIPTION

Shred-Tech specializes in engineering and manufacturing low-speed, high-torque recycling and waste handling and shredding equipment. Shred-Tech was founded in 1978 and is based in Cambridge, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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