Komatsu’s Montabert to Acquire Tramac’s U.S. and Canada Businesses
Montabert, a standalone hydraulic rock breaker business owned by Komatsu, has entered into an agreement with Tramac to acquire 100 percent ownership of the distributor’s U.S. and Canadian businesses. Komatsu said the move is designed to support customers by maintaining key distributor networks and opening doors for expanded product access and collaboration.
Tramac supports more than 30 resellers in Canada and has distinguished itself as one of the top global Montabert breaker distributors for more than 50 years. The company operates three facilities in Canada and one in the United States. Through the planned acquisition, the company aims to enhance product development and expand the rock breaker business into various global markets.
“We are excited to expand our reach for customers in Canada and in new global markets through synergies with the larger Montabert distribution network worldwide,” said Peter Salditt, president of underground and hard rock mining at Komatsu. “We are also pleased that the talented team at Tramac plans to remain with the business post-acquisition, so we can continue to work together and grow with their extensive expertise.”
Komatsu and Montabert leadership said their focus is on continuing the service Tramac provides, and plans to make no changes post-acquisition to the way business is conducted within the Tramac business unit. In time, the groups plan to work together to expand customer access to products in new territories in western Canada and globally.
The company expects to close the acquisition around the end of February. After the acquisition is complete, Montabert will retain the Tramac brand as its Canada-based distributor and continue to operate Tramac as a standalone business unit under Montabert, as part of Komatsu’s global business.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.