Western Canada M&A Newsletter
Vancouver based Tricor Pacific Capital announced the acquisition of Calgary based Arctec Alloys Ltd., a supplier of specialty repair and maintenance welding consumables with locations in Calgary, Edmonton, Surrey and Winnipeg.
Lethbridge based Varsteel Ltd., a provider of steel products and services across Canada and the US, announced the acquisition of Riviere-du-Loup, QC based Acier Quebec-Maritimes, a metal supplier and distributor as well as custom metal processing service operating from a 45,000 sq ft facility.
TerraVest Industries Inc. (TSX:TVK) announced the acquisition of Calgary based Superior Pressure Vessels Inc., a manufacturer and service provider of pressurized transport tanks and trailers to enhance manufacturing capabilities in its Compressed Gas Equipment division.
Calgary based Canada Diagnostic Centres, a diagnostic imaging services provider, announced the acquisition of Shift Imaging, a medical imaging clinic in Grande Prairie, AB.
Vancouver based BTQ Technologies (NASDAQ:BTQ), a developer of post-quantum cryptography and quantum-native security infrastructure, received approval from the French foreign direct investment authorities for its proposed $30MM acquisition of QPerfect, a French company providing quantum technology to researchers, developers and manufacturers.
Vancouver based Inturai Ventures Corp. (CSE:URAI), an advanced intelligence company using AI technologies, announced the ~$6MM acquisition of the intellectual property of DomeCommand, an AI-driven command-and-control platform provider for autonomous drone swarms.
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