TerraVest Capital acquires energy equipment manufacturer NWP
Canadian investment holding firm TerraVest Capital has acquired NWP Industries Inc, a manufacturer of oil and gas processing equipment for customers in Western Canada. The financial terms of the transaction were not published. TerraVest said that the acquisition will be immediately accretive to cash available for distribution by about 10 percent and that future operating efficiencies are likely to accrue. Founded in 1962, NWP Industries is based in Innisfail, Alberta.
11 August 2014•3 mins read
