Wajax acquires Kaman Canada
Wajax Industrial Components announced the acquisition of the Canadian branches of Kaman Industrial Technologies, Ltd.
The acquisition includes six locations in B.C. (Greater Vancouver, Cranbrook, Terrace, Prince George, Sparwood and Surrey) and one in Mississauga, Ont. Wajax Industrial Components now operates a total of 65 branches including 13 certified service and repair centres across Canada.
As a result of the acquisition, Wajax Industrial Components welcomes as new employees the experienced members of the Kaman Canada team. “The bearing and power transmission expertise gained from the Kaman employees will play an important role as we further enhance our capabilities and footprint to better serve customers in British Columbia and Southern Ontario,” said Russell Grant, Vice-President – Industrial Distribution, Wajax Industrial Components.
“This acquisition aligns with our strategy of growing all of our lines of business – Bearings and Power Transmission, Hydraulics, and Process Equipment – across Canada. We are continually looking for opportunities to expand our geographic coverage,” added Adrian Trotman, President, Wajax Industrial Components.