The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sat., Mar. 28, 4:01 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #27. TerraVest Capital Inc. Gestion Jerico Inc.

Acquirer: TerraVest Capital Inc. (TSE:TVK.CA)
Acquiree: Gestion Jerico Inc.
Details: TerraVest Capital Inc. (TSX:TVK) (the "Company" or "TerraVest") announced today that it has entered into an agreement to acquire all of the issued and outstanding shares of Gestion Jerico Inc. ("Gestion Jerico"), a privately-owned Quebec based company primarily focused on manufacturing high quality commercial and residential tanks as well as dispensers for a variety of industries in North America. Gestion Jerico is expected to generate Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA") of between $11.0 and $11.5 million for the year ended December 31, 2014, which represents double digit accretion to TerraVest.

Terravest Industries is an unincorporated, open-ended, limited purposes trust. Through its subsidiaries, Co. is engaged in providing wellhead processing equipment for the western Canadian natural gas industry, manufacturing heavy-duty equipment for large acreage grain farms and livestock, supplying sheet metal products to the heating, ventilation and air conditioning markets, providing well servicing to the natural gas and oil industries in southwestern Saskatchewan and Alberta and designing, manufacturing and importing home textile products.

Open the TVK.CA Page at The Online Investor »

Company Name: 
TerraVest Industries Inc (New)
Website: 
www.terravestcapital.com
Sector: 
Oil & Gas Equipment & Services
 

Open the TVK.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Oil & Gas Equipment & Services M&A - Slide 27 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.