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Samuel Son Acquires 100% of Canada-Based Burloak Technologies
Thursday 13 February 2020

13 February 2020 - Canadian metals distributor Samuel, Son and Co., Ltd. has acquired all remaining shares of Burloak Technologies, an additive manufacturer located in Canada, to reinforce position in additive manufacturing industry, the company said.
Terms of the transaction were not disclosed.
Burloak works with the most innovative companies in the space, aerospace, automotive and industrial markets to rapidly transition their most challenging part designs to be additively manufactured at scale. Samuel originally acquired a minority stake in Burloak Technologies in 2017.
Burloak Technologies provides engineering and designs for additive manufacturing, materials development, high precision CNC machining, post-processing and metrology.
Burloak is a supplier to companies in the space, aerospace, automotive and industrial markets.
Samuel, Son and Co., Ltd., is an integrated network of metal manufacturing, processing and distribution divisions.
With over 6,500 employees and 100+ facilities, Samuel provides seamless access to metals, industrial products and related value-added services.
Details
Date Published: 13/02/2020
Target: Burloak Technologies
Country: USA
Sector: Chemicals
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Samuel, Son and Co., Ltd
Comment:
Terms of the deal were not disclosed

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