PE-backed Celco Controls closes add-on buy of Canadian Process & Control
Celco Controls Ltd, a portfolio company of U.S. private equity firm High Road Capital Partners, has acquired Canadian Process & Control Ltd, a Port Coquitlam, B.C.-based manufacturer of customized process control systems for the resource, refining, chemical, wastewater treatment and manufacturing industries. The financial terms of the deal were not disclosed. Celco Controls said the acquisition solidifies its position as a leader in Western Canada's automation marketplace. Based in Winnipeg, Manitoba, Celco Controls designs, programs and implements customized automation control systems for a diverse set of end markets. The company was bought by High Road Capital Partners in 2010.
14 February 2014•3 mins read
