Atlas Engineered Products continues its aggressive acquisition program with Clinton Truss deal

Proactive Investors USA & Canada
December 4, 2017
Category: Business & Politics
Region: Canada

Wood product firm Atlas Engineered Products Ltd has pressed on with its acquisition strategy and is now set to buy Ontario based Clinton Roof Truss Ltd for C$2.1mln in cash. The purchase includes 31,000 sq feet (sq ft) of plant, warehouse and office space on a five acre site, positioned to provide access to the growing Ontario communities west of Mississauga. Moreover, Clinton is growing, said  Atlas, and has over C$3 million in annual sales, strong profitability, and very capable operational leadership. “The acquisition of Clinton represents a major milestone of our acquisition program to significantly broaden our geographic reach,” said Guy Champagne, the president of Atlas.

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