Proax Technologies acquires C&B Industrial Supplies
August 9, 2019 by Manufacturing AUTOMATION
August 9, 2019 – Proax Technologies, a Canadian industrial automation solutions provider, has acquired C&B Industrial Supplies Ltd. in Dartmouth, Nova Scotia.
C&B Industrial Supplies Ltd. has supplied and serviced compressed air equipment and industrial pneumatic components in Atlantic Canada for the past 32 years. Proax has been in the marketplace for over 55 years and currently employees over 175 employees across Canada.
“I am particularly pleased to work with Roger Rowe and the rest of the team at C&B Industrial Supplies,” says Stephen Daub, president and CEO of Proax Technologies, in a release. “Roger will remain active to ensure continuity for customers and employees, and to help ensure a smooth business transition. We are working on a business plan which will focus on strategies to enhance our ability to serve our customers in the Atlantic region and to provide the most advanced product offering and technical solutions.”
Proax Technologies is a technical automation distributor that offers product solutions in the areas of automation, robotics, motion control and machine safety.
In Atlantic Canada, Proax Technologies operates locations in St. John’s, Newfoundland, and Moncton, New Brunswick. Elsewhere, the company is located in Surrey, Windsor, London, Sudbury, Cambridge, Barrie, Oakville, Laval, Granby, Quebec City, St. John’s and Winnipeg.
The acquisition increases depth of the Proax product range along with the internal expertise of automation control solutions. Proax says this, along with a larger sales and technical team, will enable the company to better serve customers and to carry more inventory.
At this time, C&B Industrial Supplies Ltd. will continue to operate under the same name.