TerraVest Industries recently acquired Superior Pressure Vessels (SPV), a Canadian manufacturer of pressurized transport tanks and trailers.
Headquartered in Calgary, Alberta, SPV is a well-known manufacturer of pressurized tank trailers serving the Canadian market. The company, which also services tankers, has a loyal brand following, a reputation for quality, and has been in business for over 45 years, TerraVest reported.
“SPV further enhances our manufacturing capabilities and competitiveness in our Compressed Gas Equipment division,” TerraVest CEO Dustin Haw said in a news release. “I would like to welcome the owner of SPV, Byron Dyck, and all the employees of SPV to TerraVest.”
TerraVest, a publicly traded manufacturer of transportation equipment also headquartered in Canada, last year acquired EnTrans International and its tank trailer brands, including Heil Trailer and Polar Tank, along with LBT and Tankcon in separate deals for a combined $582 million.
Additionally, EnTrans acquired B&R Repair earlier this summer in an expansion of its tank trailer service capabilities.