TerraVest Industries announces the acquisition of Advanced Engineered Products
by CM Staff
Headquartered in Regina, Saskatchewan, Advance is a Canadian manufacturer and service provider in the tank trailer industry in Canada.
TORONTO — TerraVest Industries Inc., announces that it has entered into an agreement to acquire Advance Engineered Products. Headquartered in Regina, Saskatchewan, Advance is a Canadian manufacturer and service provider in the tank trailer industry in Canada.
“We are extremely excited about joining the Terravest family as it presents us with unparalleled opportunities for expansion, innovation, and reaching new heights in the tanker trailer industry. Together with Terravest, I am confident that we will take Advance to the next level while continuing to create industry leading value for our outstanding employees and customers.” said Mr. Zwarych, President and Chief Executive Officer of Advance.
Dustin Haw, Chief Executive Officer of TerraVest, says that he welcomes the employees and management of Advance and looks forward to their continuing commitment to the business and its customers. “With its diverse product portfolio and extensive service platform, Advance is highly complementary to our existing tank trailer businesses. We look forward to leveraging our collective product and service offerings to enhance the Company’s growth, and we’re delighted to welcome the Advance employees to the TerraVest family.” said Mr. Haw.
