G.L. Black Holdings Ltd.

G.L. Black Holdings Ltd. has acquired ELRUS Aggregate Systems.

Industry:

Manufacturing

G.L. Black Holdings Ltd. has acquired ELRUS Aggregate Systems. MNP Corporate Finance Inc. provided financial and tax due diligence services to G.L. Black Holdings Ltd.

Transaction Brief

ELRUS is a leading manufacturer and distributor of aggregate equipment (crushers, screens, conveyors, feeders, control vans and more) with a focus on portable crushing systems and solutions for the aggregates processing and mining industries. Established in 1975, ERLUS has grown from one location in Calgary, Alberta to 10 locations in Canada and the Western U.S.

This acquisition provides additional growth opportunity for GLBH and further compliments its extensive portfolio of successful companies.