Metals & Mining M&A » By The Online Investor Staff, updated Tue., Jun. 22, 7:53 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #60. Vicwest Inc. — Deck and Cladding Products Business from Roll Form Group
Acquirer:
Vicwest Inc. (VIC.CA)
Acquiree:
Deck and Cladding Products Business from Roll Form Group
Details:
Vicwest Inc. (the "Company") (TSX: VIC, VIC.DB, VIC.DB.A) today announced it has agreed to acquire the steel deck and exterior metal cladding business and related resources from the Roll Form Group, a Division of Samuel, Son & Co., Limited. It is anticipated that the transaction will be completed on January 31, 2014, after which this business will be incorporated into the operations of the Company's exterior building products division, Vicwest Building Products.
Vicwest is a manufacturer and distributor of building construction products, and steel containment products for agricultural grain, fertilizer and liquid storage. Through its Vicwest Building Products division, headquartered in Oakville, Ontario, Co. fabricates and markets metal roofing, siding and other metal building products. Co.'s Westeel Storage Solutions division (Westeel) headquartered in Winnipeg, Manitoba, manufactures storage solutions for agricultural grain and fertilizer, as well as liquid storage tanks and accessories. Through a global alliance, Westeel also distributes Buhler Industries-manufactured grain handling equipment in Canada under the Westeel brand.
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