Probat Inc.

Probat Inc., a subsidiary of the Probat Group, has acquired E D Industrial Ltd. and E D Industrial USA, Inc.

Industry:

Manufacturing

Probat Inc., a subsidiary of the Probat Group, has acquired E D Industrial Ltd. and E D Industrial USA, Inc. MNP Corporate Finance Inc. acted as financial advisors and provided financial and tax due diligence services to Probat Inc.

Transaction Brief

Probat Inc., based in Vernon Hills, IL, provides the most prestigious coffee companies in North America with the roasters, grinders, coffee process equipment and controls needed to prepare their signature blends. Probat has the largest staff in North America dedicated to coffee roasting technology and offers both global reach and highly responsive local support.

The acquisition of E D Industrial Ltd and E D Industrial USA Inc. opens up new prospects for Probat Inc. to grow their service business in coffee and non-coffee industries throughout North America.

E D Industrial Ltd and E D Industrial USA Inc.  ("E D Industrial") are Canadian millwrighting and heavy steel fabrication companies working in the food and beverage industry and specializing in coffee processing, as well as in building products, metal refineries, recycling, aggregates, concrete, bulk material handling and more. E D Industrial is located in Rockwood, Ontario.