Toromont's Acquisition of Enerflex Now Complete
Toromont Industries Ltd. completed the acquisition of all of the remaining trust units of Enerflex Systems Income Fund pursuant to its earlier announced "Tax Efficient Subsequent Acquisition” on February 28, 2010. Toromont now owns all of the outstanding trust units of Enerflex.
"Integration planning efforts are well advanced," said Robert M. Ogilvie, chairman and CEO of Toromont Industries Ltd. "Our natural gas and process compression business is now combined under the Enerflex banner, we have the senior management team in place and our planning phase is essentially complete."
For more information: www.toromont.com