Odyssey-backed Safway buys Nel-Tekk Industrial Specialties
Safway Services Canada ULC has acquired Nel-Tekk Industrial Specialties Inc, a Sarnia, Ontario-based provider of insulation, abatement and fireproofing services. The financial terms of the transaction were not released. Safway Services Canada is an affiliate of Safway Group Holdings, a provider of scaffolding and other access products for industrial and commercial construction markets in North America. Safway, which has its headquarters in Waukesha, Wisconsin, is a portfolio company of U.S. private equity firm Odyssey Investment Partners. The company was acquired by Odyssey in 2009 from German conglomerate ThyssenKrupp AG.
30 June 2014•3 mins read
