The Brandt Group of Companies has announced the acquisition of Edmonton-based Camex Equipment Sales and Rentals Ltd.
Camex (Canada, America, MEXico) is a provider in the oil & gas, mining, pipeline, infrastructure, municipal and environmental sectors.
The acquisition, effective Nov. 1, represents an important expansion for Brandt into the specialty transportation equipment industry.
“This is an exciting acquisition for us as CAMEX is a world-class company with the largest inventory of industry-specific transportation equipment in the business,” said Brandt President and CEO Shaun Semple.
“The combination of these two strong organizations guarantees unrivalled value for our customers and secures our place as the No. 1 provider of specialty transportation equipment in the industry.”
The acquisition creates a new division called Brandt Truck Rigging & Trailers.
The new division carries on the CAMEX tradition of supplying specialty transportation solutions for industry.
The CAMEX name will live on as a product brand for the specialized transportation equipment.
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As well, the CAMEX staff will join the Brandt team.
“We couldn’t be more excited about becoming a part of the Brandt organization,” adds CAMEX chief operating officer Sue McGregor. “It ensures that CAMEX customers will continue to receive the same great products and services that we’ve always been proud to offer them, but now with the addition of the tremendous value and heavy industry experience that Brandt brings to the table.”
As a result of this acquisition, Canadian companies will now be able to access Brandt and CAMEX’s combined lineup of products and services at the current CAMEX location as well as at Brandt branches across Canada.
This acquisition includes three buildings – a 6,600 square metre sales and service facility and two others – totalling 14,000 square metres situated on a 26-acre property located at Hwy 16 and Hwy 625, near the Edmonton International Airport.