Aztec Liner Systems Ltd.

Allied Pipeline Technologies has acquired Aztec Liner Systems Ltd.

Industry:

Oilfield Services

Allied Pipeline Technologies has acquired Aztec Liner Systems Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Aztec Liner Systems Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction provides the shareholders of Aztec Liner Systems Ltd. (“Aztec”) with a broader offering of lining solutions, deeper financial resources and additional business development and engineering talent that will allow them to better compete in the Western Canadian oil and gas market.

By acquiring Aztec, Allied Pipeline Technologies Inc. (“APTec”), a U.S. and South American-based group, gains immediate access to Aztec’s strong customer base and an experienced, committed group of hard-working employees. APTec is a world leader in pipeline corrosion and abrasion solutions and has operated across North and South America, Africa and the Middle East.

MNP Corporate Finance Inc. advised the vendors on various strategic options, transaction structure and source of investment.