Articles tagged with "Industrial"

Saltire Capital has acquired SanStone Investments, a heavy- and agricultural-equipment dealer, for $70 million. The purchase was partly funded by a $50.1 million loan from Sagard Holdings, part of a $100-million credit facility. The transaction included the issuing of share-purchase warrants and preparations for a $5 million private placement. Saltire aims to strengthen its capital allocation strategy towards private companies with strong fundamentals.

Sustane Technologies and Pyrovac have formed a strategic partnership to enhance plastic recycling efforts in Canada and globally. The collaboration will utilize Pyrovac's proprietary reactor technology, initially upgrading Sustane’s facility in Nova Scotia with a $7 million investment. This marks Pyrovac's first commercial deployment of its technology, aimed at converting plastic waste into fuels and chemicals via pyrolysis. The partnership aims to foster a circular economy by reducing plastic waste and generating economic value.