BrandSafway to acquire AGF Access Group
The closing of this transaction is anticipated in early 2020
BrandSafway has signed an agreement to acquire AGF Access Group which consists of two manufacturing sites in Canada and 24 branches across North America. Focused on renting, selling and manufacturing vertical access products through its own branches and an independent dealer network, AGF Access Group provides turnkey solutions for both small-scale as well as multibillion-dollar commercial construction and refurbishment projects.
AGF Access Group includes four divisions- Hydro Mobile and Winsafe - and two rental units - AGF Access, which includes recent acquisitions IEQ, Jamco Construction and Noxxent, and Hydro Rents.
"This is an exciting opportunity for us to partner with a leader in motorized access equipment, enabling us to grow our market presence in mast climbing, suspended access solutions, elevators and building maintenance units throughout North America," said Dave Witsken, president of Energy and Industrial at BrandSafway. "With a dedicated team of engineers, a strong distribution network, world-class manufacturing and experienced leadership, AGF Access Group will bring great value to BrandSafway. As a combined entity, we will be able to provide an even wider range of access solutions."
