Provided By Globe Newswire
Last update: Apr 5, 2023
KELOWNA, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) -- Decisive Dividend Corporation (TSX-V: DE) (the “Corporation” or “Decisive”) is pleased to announce the acquisition (the “Acquisitions”) of three businesses for $17.2 million in aggregate proceeds. The Corporation has acquired, from arm’s length parties, four legal entities as follows: Capital I Industries Inc. and its sister company, Irving Machine Inc. (together, “Capital I”), Micon Industries Ltd. (“Micon”) and Procore International Radiators Ltd. (“Procore”, and collectively with Capital I and Micon, the “Acquired Companies”). The Acquired Companies manufacture and sell a range of products that support non-cyclical road maintenance and construction customers, as well as heavy equipment maintenance customers across multiple industries and geographies.