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On March 5, 2025, FloWorks International LLC, a U.S.-based company specializing in flow control products and technical services across various industrial sectors, completed the acquisition of all issued and outstanding shares of CAC Industrial Equipment Ltd., a leading Canadian provider of industrial parts and pumps. The acquisition, conducted through FloWorks International’s Canadian subsidiary, S-I IPVF Canada, Inc., was valued at approximately C$49,250,000, subject to ordinary transaction adjustments.
Aird & Berlis acted as Canadian counsel to FloWorks International with a team led by Steven Graff (Financial Services) and Gary Volman (Capital Markets/M&A) and including Ryan Cohen and Nadia Narain (Capital Markets/M&A), Ali Kwinter (Capital Markets), Paige Backman (Privacy), Francesco Gucciardo and Saam Nainifard (Tax), Alex Kagan (Labour & Employment), Andrea Kroetch (Intellectual Property), Kenneth Pimentel and Jasraj Shergill (Real Estate), Kristi Ross (Environmental) and Stephen Zolf (Competition).
Parties
Company
FloWorks International LLC
Company
CAC Industrial Equipment Ltd.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
$ 49,250,000Deal Status
ClosedClosing Date
05 March 2025