Toromont Acquires Remaining Enerflex Trust Units

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Mon, Mar 1, 2010
Coal Company News
Post by Mike Rodger, Coal Reporter

Toromont Industries Ltd.(TSX:TIH) reported that the company has completed the acquisition of all of the remaining trust units of Enerflex Systems Income Fund (TSX:EFX.UN) pursuant to its earlier announced “Tax Efficient Subsequent Acquisition”.

The press release is quoted as saying:

Toromont Industries Ltd. operates through two business segments: The Equipment Group and the Compression Group. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a Global leader specializing in the design, engineering, fabrication, and installation of compression systems for natural gas, coal-bed methane, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems. Both Groups offer comprehensive product support capabilities.

Click here to access the entire press release

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