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Monday, October 7, 2024

Manac Acquires Alutrec

 

Manac announced it closed a deal to acquire aluminum flatdeck trailer manufacturer Alutrec.ย 

Alutrec is based in Laurier-Station, Que.

โ€œWe are proud to announce this transaction. Alutrec has a great range of products in the aluminum platform segment which are complementary to those of Manac,โ€ announced Charles Dutil, president and CEO of Manac. โ€œThe combination of Alutrecโ€™s technical expertise in the aluminum flatbed market and Manacโ€™s dominant position in the trailer industry will be a benefit to all of our business partners. Alutrec and Manac will work together to further develop the significant potential that Alutrecโ€™s assets represent, whether it pertains to the strategic location of the Laurier-Station 200,000 sq.-ft. site, the experienced workforce which makes up the Alutrec team, or the innovative intellectual property that it owns. This transaction forms part of Manacโ€™s planned strategic growth aimed at expanding our presence in the more specialized segments of the industry, as well as our efforts in innovation.โ€

Alutrec will continue to operate independently out of its Laurier Station location, while Manac will support it through component purchasing, manufacturing processes and marketing strategies.