TORONTO, Dec. 06, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) announced that it has acquired Kanata Electronic Services Limited (“Kanata”), a privately owned manufacturer and supplier of specialty cable assemblies and wire harnesses for the nuclear and aerospace industries. Kanata serves customers around the globe from a single, Toronto area site and will be integrated into Shawcor’s ShawFlex wire and cable business.
“The addition of Kanata to our existing wire and cable portfolio will unlock significant opportunities for vertical integration and market expansion over the coming years,” said Frank Cistrone, President of Shawcor’s Automotive & … Continue Reading