05.01.2012 ERIKS ACQUIRED QUANTUM SUPPLY LTD, CANADA
From Executive board ERIKS nv
Telephone +31-72 54 75 888
Date 5 January 2012
Subject ERIKS ACQUIRED QUANTUM SUPPLY LTD, CANADA
ERIKS acquired Quantum Supply ltd (Canada) by the end of December 2011, through its wholly owned operating company Newdell of Houston-Texas.
Quantum Supply ltd markets valve and processing equipment to industry in Western Canada and acts as both manufacturer’s representative and distributor. Quantum also specialize in the engineering and fabrication of steam pipeline valve stations. Focal industries include Oil & Gas Production, Heavy Oil Production and Upgrading, Gas Transmission and Distribution, Mining, Power Generation, Chemical and Petrochemical. Quantum Supply is headquartered in Vancouver and operates branches in Calgary and Edmonton. The company generates annual sales of CND 10M. Quantum will continue to operate as an independent unit within the Newdell Company.
For more information please visit www.quantumltd.com
About the Newdell Company, Houston-Texas
The Newdell Company is a stocking distributor and a manufacturer of a broad range of standard as well as special material valves, used in the petrochemical, chemical and refinery markets with its headquarters in Houston, Texas. The Newdell Company is the exclusive American distributor for ‘Pan Korea’ industrial valves and manufactures the ‘Smith’ forged steel gate, globe and check valves. With around 80 employees the company generates annual sales of USD 50M.