Birmingham-based SPOC Automation Inc. has acquired a Canadian firm, growing its presence in that country.
The company, which is headquartered in Trussville, has completed the purchase of Spruce Grove, Alberta-based KJ Controls Canada, an oil and gas industry engineering, software and automation equipment manufacturing firm.
"The completion of this acquisition allows us to now bring our Canadian customer base additional access to 500-plus years of automation and control expertise, expanded inventory, new product developments and world-class field service capacities right in the heart of Canada's oil and gas industry," said Bobby Mason, president at SPOC Automation Inc.
SPOC Automation Marketing Manager Drew Franklin did not provide the financial details of the transaction, but he said the acquisition of the 15-year-old company brings SPOC's total employee number to 105.
Franklin also said SPOC plans to add six to 10 jobs in its Canadian division over the next couple of years.
"They're kind of the gateway into Canada," Franklin said. "They are very well respected in that area."
The purchase of KJ Controls gives SPOC an increased global footprint that will allow the company to build on its customer base when it comes to providing automation solutions in the artificial lift controls space of the oil and gas industry.
The Canadian team will continue to service the existing customers and will now have the ability to offer additional expertise, service and products in the area.
"We could not be happier with becoming part of the SPOC Automation team," said Barry Martel, KJ Controls Canada president. "We have developed a great relationship over the last decade with the SPOC Automation team and it became evident that the company's cultures aligned. Together we hope to bring better service, products and automation solutions to our customers."
Source : http://www.bizjournals.com/