Drive Products acquires DEL Equipment
Del Equipment Inc. (Edmonton, Alberta, Canada) announced the completion of the transaction with Drive Products Inc. (Mississauga, Ontario, Canada), resulting in the majority of DEL’s Canadian business consolidated within the Drive Products business. This forms forms Canada’s largest truck upfitting operation.
“We are thrilled about our acquisition of DEL,” said Greg Edmonds, CEO, Drive Products. “With the closing of this transaction now complete, we look forward to working with DEL’s loyal suppliers, customers and employees to continue to provide the industry-leading workmanship and services that have become known and expected of the DEL brand.”
Douglas Lucky, chief restructuring officer, DEL said, “We are very excited about DEL’s future with Drive Products. We believe that bringing DEL and Drive Products together will enable the long-term sustainable operation of the DEL business for the benefit of its stakeholders. We would like to extend a heartfelt thank you to all of our customers, employees and business partners for their continued loyalty over many years.”
NTEA Member Directory listing for DEL Equipment and Drive Products
View all news