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  6. Timber Automation Acquires VAB Solutions

M&A Deal Summary

Timber Automation Acquires VAB Solutions

On April 4, 2018, Timber Automation acquired information technology company VAB Solutions

Acquisition Highlights
  • This is Timber Automation’s 1st transaction in the Information Technology sector.
  • This is Timber Automation’s 1st transaction in Canada.
  • This is Timber Automation’s 1st transaction in Quebec.

M&A Deal Summary
Date 2018-04-04
Target VAB Solutions
Sector Information Technology
Buyer(s) Timber Automation
Deal Type Add-on Acquisition

Target

VAB Solutions

Levis, Quebec, Canada
VAB Solutions, Inc. is a provider of technology solutions for lumber production lines from sawing to planing, designed to uncover hidden value in every piece of lumber. VAB Solutions was founded in 2004 and is based in Levis, Quebec.

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Buyer(S) 1

Buyer

Timber Automation

Hot Springs, Arizona, United States
Category Company
Founded 2017
Sector Machinery
DESCRIPTION

Timber Automation is a provider of custom-engineered equipment and control systems for woodyards and sawmills that maximize yield, increase uptime and reduce production costs. Timber Automation was founded in 2017 an is based in Hot Springs, Arizona.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1
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