Transaction Announcement - STANMECH Technologies Inc.

Burlington, ON: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, STANMECH Technolgies Inc. (“STANMECH” or the “Company”) by a private investor group.

Founded in 1981, STANMECH, based in Burlington, Ontario, has over 40 years of experience serving customers in industrial and manufacturing markets. As the Canadian master distributor for Leister Technologies AG of Switzerland, STANMECH provides its clients with a wide range of products including hot-air hand tools, extrusion welders, automatic welders, industrial heaters and blowers as well as laser welding machines and weld testing equipment. Leister Technologies has been the world leader in plastic welding equipment and hot air equipment since 1949. 

Distinct Capital Partners Inc. was engaged by the shareholders of STANMECH, to source a purchaser for the Company. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with the valuation, due diligence and negotiations to successfully complete the transaction.