Bullboard - Stock Discussion Forum Finning International Inc T.FTT

Alternate Symbol(s): FINGF

Finning International Inc. provides caterpillar equipment, parts, services, and performance solutions. The Company’s segments include Canada, South America, UK & Ireland, and Other. The Canadian operations sell, service, and rent mainly caterpillar equipment and engines in British Columbia, Alberta, Saskatchewan, the Yukon Territory, the Northwest Territories, and a portion of Nunavut, and also... see more

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Finning International Inc > Finning expands its product support capabilities

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Post by Betteryear2 on Mar 22, 2022 8:03pm

Finning expands its product support capabilities

VANCOUVER, British Columbia, March 22, 2022 (GLOBE NEWSWIRE) -- Finning International Inc. (TSX: FTT) (“Finning” or the “Company” or “we”, “our” or “us”) today announced the acquisition of Hydraquip Hose & Hydraulics Ltd. and Hoses Direct Ltd. (“Hydraquip”) for approximately £65 million, net of cash acquired, subject to normal post-closing adjustments and before deferred contingent consideration.

Finning expands its product support capabilities with the acquisition of Hydraquip on-site mobile hydraulic hose services company in the UK