Manufacturer strengthens Canadian market with acquisition
AES Engineering has strengthened its Canadian operations by acquiring a controlling stake in the Edmonton-based Performance Compression and Sealing (PCS) for an undisclosed sum.
The deal comes four months after the Rotherham-based business purchased JAtech Services.
Following the sale PCS remains an independent company but will change its name becoming AES Edmonton.
AES Engineering Group is the parent company of Yorkshire Business Masters winning AESSEAL the worlds largest homogeneous designer and manufacturer of mechanical seals.
Since being founded in 1979 the business has grown and now operates from 230 locations in 104 countries with its managing director Chris Rea being named Leader of the Year at last years Northern Leadership Awards.
PCS president Tyler Wilson exaplined that the combination of the entire AES product range in wet and dry gas sealing technology, coupled with the service reputation established over the years by PCS, would bring together like-minded employees to better serve the customer base across Canada.
He said: “This agreement builds on many years of dedicated customer service on the part of PCS staff,” Mr Wilson said, “and strengthens our position as a leading service supplier. The selection of AESSEAL® as our partner was an easy decision due to their product technology, and their similar dedication to customer service and reliability.”
Rea, welcomed the acquisition and the formation of the new company, noting: “We are delighted to partner with PCS,” he said, “and to deploy our technology to serve customers in the Edmonton area and across Canada. This acquisition further improves our already well-established position as a leading sealing technology provider in the global market” and builds on our recent acquisition of JATech Canada, a recognised leader in reliability and vibration monitoring services.
