BCI WEAR SOLUTIONS INC. proceeds to the acquisition of CANADIAN WEAR TECHNOLOGIES LTD (ABRECO)

Canadian Wear Technologies
November 01, 2022
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La Guadeloupe, Quebec, (Canada), October 31, 2022

BCI Wear Solutions inc. (BCI) is proud to announce that it has acquired Canadian Wear Technologies Ltd. (CWT) a manufacturer of premium wear resistant materials and solutions for bulk materials handling industries; (www.canadianweartech.com) based in Cobourg, Ont. (Canada).

CWT is a manufacturer and wear solutions provider which specializes in optimizing material handling equipment for oil sands, steel making, cement making, aggregates and hard-rock mining industries. CWT offers a wide range of wear resistant materials, covering basic to advanced wear solutions including plate, pipe and custom designed wear liners. Using its foundry, CWT manufactures Abreco® Laminated White Iron,
which enjoys great recognition in the industry. CWT's products and services are very complementary and greatly enhance the offer already present at BCI in these industries.

“We are very pleased to welcome CWT to the BCI family. This is an important step in our growth and is fully in line with our strategic expansion and consolidation plan aimed at creating the leader in wear resistant materials and solutions for the primary and industrial sectors in North America,” explains Christian Gagnon, of BCI. “We are particularly proud to welcome the CWT team to our group because we share the same
values in terms of product quality, customer service and respect for our employees,” he concludes.

“We are very pleased with the transaction completed with BCI. This is a growing acquirer who will be able to continue CWT's operations and ensure the company's growth for the benefit of our customers, partners and employees,” says Keith Holbrook of CWT.

About BCI Wear Solutions Inc.

BCI designs and manufactures wear protection products and solutions to enable its customers to increase the efficiency of their processes, increase the service life of equipment and increase their own productivity. BCI is recognized for its innovative solutions, its dynamism and the quality of its products delivered on time.

About Canadian Wear Technologies Ltd.

CWT has been providing custom wear materials and solutions for a variety of bulk material handling industries including mining and non-mining customers in several countries in the Americas and overseas since 1985. The reputation of ABRECO® products and solutions has made CWT an industry leader in wear protection under the toughest conditions.

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