Krystal is pleased to announce the purchase of Magnum Trailer & Equipment Inc. (“Magnum”) from founders/owners Bob and Ted Willock. Founded in 1984 and based in Abbotsford, BC, Magnum has three distinct business segments: 1) manufacturing heavy-duty aftermarket truck accessories, 2) manufacturing/distributing on- and off-highway truck trailers and 3) servicing & maintaining the fleets of… READ MORE
Integrated Paving Concepts sells its thermoplastic business to Flint Trading Inc. and the StreetBond business to Quest Construction Products. Integrated Paving Concepts sold its thermoplastic business to Flint Trading Inc. in May 2011 and the StreetBond business to Quest Construction Products in June 2011. IPC is excited about both transactions, which will allow these businesses to… READ MORE
Deloitte Vancouver organized a panel discussion for business owners that wanted to hear the perspectives of private equity professionals from the Vancouver area. Check out this link to Deloitte’s Lessons in Private Equity document, which summarizes its findings obtained through interviews with these private equity professionals.
Business owner/operators across the Lower Mainland find themselves ready for retirement after having founded and developed successful businesses and are considering a number of options for exiting. ‘Times are a changing.’ It’s no secret that we’re now seeing a demographic shift across North America, with the baby boom generation retiring and giving way to the… READ MORE
Krystal Financial has sold its 30% interest in Foley’s Candies Ltd. to CEO and majority owner Brian Hurl. Krystal Financial Corp. announces the sale of its 30% interest in Foley’s Candies Ltd. to majority owner and CEO Brian Hurl. Since partnering to purchase the Company in 2006, Krystal has actively supported Brian’s efforts to grow… READ MORE
Marqui has purchased the assets of TBWA/Vancouver and formed Station X, a strategic marketing, communications and technology company. Station X aims to combine front-end strategy and creativity with back-end science and analytics to produce artfully integrated campaigns with measurable sales and marketing results. The company’s integrated service offering will improve its clients’ brands and helps… READ MORE
The Western Canadian economy, flush with metal, mineral and energy resources, is a major supplier of the primary inputs that are key to the industrial and structural expansion taking place in China and India. Did you know that Western Canada accounts for: 91 per cent of Canada’s oil production; 94 per cent of Canada’s natural… READ MORE
In its Economic Outlook for 2011 released Monday, the Canadian Chamber of Commerce predicted growth in Canada will be below 2.5 per cent in 2011. The two key sources of growth earlier in this cycle — consumer spending and housing activity — are cooling down, the chamber reports, and business investment is expected to make… READ MORE