Atlas Engineered Products to Acquire Castlegar Truss Manufacturer and Announces Investor Relations Engagement

By Atlas Engineered Products Ltd.
November 16, 2017
Category: Business & Politics
Region: Canada, Canada West

NANAIMO, BRITISH COLUMBIA– – ATLAS ENGINEERED PRODUCTS LTD. (the “Company” or “Atlas”), a leading supplier of trusses and engineered wood products, is pleased to announce that it has entered into a letter of intent with Selkirk Truss (2010) Limited (“Selkirk”) whereby the Company has agreed to acquire all of the issued and outstanding shares of Selkirk (the “Transaction”). Guy Champagne, President of Atlas, commented, “We are very proud to announce the acquisition of Selkirk as the first step of our acquisition program to broaden our geographic reach. Not only will this transaction result in a 20% growth in annual revenues for the Company, it provides us with access to the Kootenay region.”

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