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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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Wajax to acquire Tundra Process Solutions in $99M deal | Canadian Mining Journal

Wajax to acquire Tundra Process Solutions in $99M deal
January 6, 2021
Topics
Wajax has entered into a definitive agreement to acquire Calgary-based
Tundra Process Solutions for total consideration of $99.1 million. The consideration will consist of $74.6 million in cash and the issue of 1.4 million Wajax shares. The transaction is expected to close early in the first quarter of 2021 and is subject to customary closing conditions.
Tundra provides maintenance and technical services to customers in the western Canadian midstream oil and gas, oilsands, petrochemical, mining, forestry and municipal sectors. The company also distributes a range of industrial process equipment, representing industry-leading manufacturers of valves and actuators, instrumentation and controls, motors and drives, control buildings, boilers and water treatment solutions. Tundra operates four facilities in Alberta: Calgary, Edmonton (two locations) and Grande ....

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Wajax to buy rival Tundra for $99M - BNN Bloomberg

Wajax to buy rival Tundra for $99M - BNN Bloomberg
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Wajax Acquires Tundra Process Solutions

Wajax's addition of Alberta-based distributor for C$99.1 million (US$77.7 million) is expected to “provide meaningful growth in the corporation’s Engineered Repair Services and industrial parts categories.” ....

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Industrial equipment and services provider Wajax to buy Tundra for $99M

Wajax to buy rival Tundra for $99M
The Canadian Press
A welder fabricates a steel structure at an iron works facility in Ottawa on Monday, March 5, 2018.
, THE CANADIAN PRESS/Sean Kilpatrick
CALGARY - Shares in industrial equipment and services provider Wajax Corp. are rising after it announced the acquisition of privately held Tundra Process Solutions Ltd. for $99.1 million.
The offer for its Calgary-based rival consists of $74.6 million in cash and 1.36 million Wajax shares in a deal is expected to close in early 2021.
Wajax shares rose by as much as 75 cents or 4.5 per cent to $17.31 in early trading on the Toronto Stock Exchange. ....

Grande Prairie , Iggy Domagalski , Mark Foote , Toronto Stock Exchange , Tundra Process Solutions Ltd , Wajax Corp , Tundra Process Solutions , Toronto Stock , Western Canada , கிராண்டே ப்ரேரீ , இயீ தோமாகளசிகி , குறி ஃபுட் , டொராண்டோ ஸ்டாக் பரிமாற்றம் , டன்ட்ரா ப்ரோஸெஸ் தீர்வுகள் லிமிடெட் , டன்ட்ரா ப்ரோஸெஸ் தீர்வுகள் , டொராண்டோ ஸ்டாக் , மேற்கு கனடா ,