Gladius Partners Inc.

Gladius Partners Inc. has acquired NDL Industries Inc.

Industry:

Wholesale Trade

Gladius Partners Inc. has acquired NDL Industries Inc. MNP Corporate Finance Inc. provided financial due diligence and acquisition advisory services to Gladius Partners Inc.

Transaction Brief

NDL Industries Inc. (NDL) provides copper fittings and ball valves to the North American market. The company is headquartered in Vancouver, B.C. and has operations in the U.S. in the states of Washington and Georgia. In addition to NDL's flagship ACR fittings, NDL's products include copper and brass fittings, ball valves and flexible gas connectors.

Gladius Partners Inc. (Gladius) is a Vancouver-based investment firm. Gladius' investment will enable NDL to take advantage of significant near-term growth opportunities across North America.