Manac Inc., Canada’s largest semi-trailer manufacturer, completed the acquisition of Alutrec Inc., a manufacturer specializing in the design and production of aluminum semi-trailers.
Terms were not disclosed.
“Alutrec has a great range of products in the aluminum platform segment which are complementary to those of Manac. The combination of Alutrec’s technical expertise in the aluminum flatbed market and Manac’s dominant position in the trailer industry will be a benefit to all of our business partners,” Manac CEO Charles Dutil said in a statement.
“This transaction forms part of Manac’s planned strategic growth aimed at expanding our presence in the more specialized segments of the industry, as well as our efforts in innovation,” he said.
Alutrec and Manac will work to further develop the significant potential that Alutrec’s assets represent, whether it pertains to the strategic location of the Laurier-Station 200,000-square-foot site, the experienced workforce which makes up the Alutrec team or the innovative intellectual property that it owns, according to Saint-Georges, Quebec-based Manac.
Alutrec will continue to operate independently out of its Laurier Station, Quebec, location. Manac’s support will focus mainly on component purchasing, manufacturing processes and marketing strategies.