M&A Deal Summary

Stella-Jones Acquires Locweld

On May 7, 2025, Stella-Jones acquired energy services and equipment company Locweld

Acquisition Highlights
  • This is Stella-Jones’ 1st transaction in the Energy Services and Equipment sector.
  • This is Stella-Jones’ 2nd transaction in Canada.
  • This is Stella-Jones’ 1st transaction in Quebec.

M&A Deal Summary

Date 2025-05-07
Target Locweld
Sector Energy Services and Equipment
Buyer(s) Stella-Jones
Deal Type Add-on Acquisition

Target

Locweld

Candiac, Quebec, Canada
Locweld is a designer and manufacturer of lattice transmission towers and steel poles. Locweld is based in Candiac, Quebec.

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Buyer(S) 1

Buyer

Stella-Jones

Saint-Laurent, Quebec, Canada

Category Company
Founded 1992
Sector Forest Products
Employees3,000
Revenue 3.3B CAD (2023)
DESCRIPTION

Stella-Jones is a leading North American manufacturer of pressure treated wood products. The Company's core product categories, railway ties and utility poles, provide basic elements of the economy's physical infrastructure. Stella-Jones' network of twenty-seven wood treating facilities are spread across fifteen U.S. states and five Canadian provinces. Stella-Jones was founded in 1992 and is based in Saint-Laurent, Canada.


DEAL STATS #
Overall 5 of 5
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: Quebec M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Cahaba Pressure Treated Forest Products

Brierfield, Alabama, United States

Cahaba Pressure Treated Forest Products manufactures, distributes, and sells treated and untreated wood poles, crossties and posts and provides custom treating services, primarily utilizing creosote, copper naphthenate, and pentachlorophenol. Cahaba Pressure Treated Forest Products is based in Brierfield, Alabama.

Buy $66M