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Simonds International Merges with Canadian Bank Saw Maker Scies B.G.R
Friday 19 May 2017

19 May 2017 - Massachusetts, US-based cutting tool manufacturer Simonds International has merged with Canada-based saw manufacturer Scies B.G.R. Inc. to form a strengthened company that serves the wood fiber industry with cutting tools and related equipment, the companies said.
Terms of the transaction were not disclosed.
The combined entity will continue to operate in the United States and Canada with 9 facilities located in the major wood fiber regions of North America.
All products and customers segments currently served by Simonds and B.G.R. Saws will continue uninterrupted during the integration process and thereafter.
Simonds International supplies tools and related products to the wood, pulp, paper and tree care industries.
B.G.R. Saws is a sawmill source for their saw needs as well as filing room equipment designed toward the future with a high tech approach toward industry 4.0 requirement.
Details
Date Published: 19/05/2017
Target: Scies B.G.R. Inc
Country: Canada
Sector: Construction/Real Estate
Type: Merger
Financing:
Status: Closed
Vendor:
Buyer: Simonds International
Comment:
Terms of the deal were not disclosed

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