Mergers, acquisitions, entries and exits
Nors completes acquisition of Strongco
Nors, S.A. has announced it has concluded the acquisition of Strongco Corporation, a major multiline mobile equipment dealer with operations across Canada. Strongco sells, rents and services equipment used in diverse sectors such as construction, infrastructure, mining, oil and gas, utilities, municipalities, waste management and forestry. The Company has approximately 500 employees serving customers from 26 branches in Canada.
“We believe that Strongco will benefit from Nors’ global presence and brand recognition and our years of experience in the automotive and construction equipment industry will further enhance their superior performance and future growth. We are thrilled to welcome Strongco to the Nors family,” commented Tomás Jervell, Chief Executive Officer of Nors.
This strategic acquisition will strengthen Strongco’s presence in the marketplace and position them to provide greater support to our customers across Canada.