Industry News

Prima Developments signs a deal to acquire B.C. pre-cast concrete products maker

Published on 2004-04-27. Author : SpecialChem


Prima Developments Ltd. has signed a deal for the acquisition of a B.C. company, a manufacturer of pre-cast concrete products.

According to Prima, the unnamed company generated sales of nearly $1.4 million in the fiscal 2003. It is reported that the purchase price for the smaller company is about $100,000.

It is also reported that Prima Developments (TSXV:PID) makes insulating coatings and paints which are produced by its wholly owned subsidiary Envirocoat Technologies Inc.

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