Mosaic's Secon buys Tundra Mechanical and Millwrighting
South East Construction, a.k.a Secon Holdings LP, has acquired Tundra Mechanical and Millwrighting Ltd, a Warman, Saskatchewan-based provider of mechanical and millwrighting services to several industries, including water treatment, waste management and agriculture. No financial terms were disclosed. The deal will give Secon, a multi-trade industrial and commercial construction company, access to a new Saskatchewan market segment. Esterhazy, Saskatchewan's Secon is majority-owned by Canadian private equity firm Mosaic Capital Corp. Mosaic acquired the company for $15.2 million in late 2014.
10 January 2017•2 mins read
