B.C. buy

Ottawa-based Seprotech Systems Inc. Seprotech.jpgbuys P.J. Hannah Equipment Sales Corp., a wastewater treatment company with complementary technology. The terms of the deal will see Seprotech paying up to $1.15 million in cash and stock for the Surrey, B.C. company, if certain sale targets are met over the next three years. Operating in Surrey as a division of Seprotech, P.J. Hannah will retain all of its staff, and founder Peter Hannah will stay on as a consultant to the merged company. The acquisition is expected to be finalized by the end of November, subject to regulatory approval.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
Site by Citadel Rock