Advance Engineered Products Ltd. (Advance) is the largest Canadian manufacturer of a broad range of specialized truck tanks and trailers and is the largest Western Canadian manufacturer of vacuum trucks and systems. The company has four divisions. Advance's trailer division manufactures specialized truck tanks and trailers, including dry bulk trailers, insulated trailers, aircraft refuelers and other custom trailers. The second division, Westech, manufactures vacuum trucks and systems supplied to industrial, oilfield and environmental services companies. The third division, Dumur Industries, is a precision custom metal manufacturer serving the military, agriculture, electronics and consumer markets. The fourth division, Lazer Inox, manufactures stainless steel and aluminum on-road tanks serving the oil, dairy, food, chemical and environmental industries.
Products:
Highly specialized tanks and trailers, vacuum trucks and systems, and precision custom metal fabrication.
Strengths:
Market Leader
Significant Barriers to Entry
Strong Management Team
Unrivaled Reputation for Innovation and Full-Service Approach
Coast-to-coast Canadian Market Coverage
Locations:
Headquartered in Regina, Saskatchewan with 15 locations across Canada.
Advisor:
RBC Capital Markets acted as investment advisor to Advance Engineered Products Ltd.
Financing Source:
RBC Capital Markets was the lead arranger for the senior debt financing.
