Toromont Industries Ltd acquired 96 percent of Enerflex Systems Income Fund

Toromont Industries Ltd. (Toromont), which announced on January 21 that it had acquired 96% of Enerflex Systems Income Fund (EFS) units, reports that the process of merging its Toromont Energy Systems with EFX is well under way. The remaining units are expected to be acquired in late February. The combined organization is now Enerflex Ltd., […]

Toromont Industries Ltd which announced on January 21 that it had acquired Enerflex Systems Income Fund units

Toromont Industries Ltd., which announced on January 21 that it had acquired 96% of Enerflex Systems Income Fund (EFS) units, reports that the process of merging its Toromont Energy Systems with EFX is well under way. The remaining units are expected to be acquired in late February. The combined organization is now Enerflex Ltd., a […]

Toromont Industries Ltd announced its intention to proceed with a formal take-over bid to acquire all of the issued and outstanding trust units of Enerflex Systems

On November 12, 2009, Toromont Industries Ltd. (“Toromont”) announced its intention to proceed with a formal take-over bid to acquire all of the issued and outstanding trust units of Enerflex Systems Income Fund (“Enerflex”) and all of the issued and outstanding exchangeable units of Enerflex Holdings Limited Partnership. Under the terms of the offer, unitholders […]

Canada’s Toromont Industries Ltd. Has offered trust unit holders of Enerflex Systems Energy Fund to acquire Enerflex

Toromont Seeks to Acquire Enerflex Canada’s Toromont Industries Ltd. Has offered trust unit holders of Enerflex Systems Energy Fund (Enerflex) Ca $13.50 per unit held in a bid to acquire the Calgary, Alberta, Canada-based compression services firm. Toromont said that consideration would be comprised of at least 50% Toromont common shares and the balance in […]