AEP.V - Atlas Engineered Products


#81

Atlas Engineered Products shareholder nearly triples stake

Il y a un ‘‘Early Warning Report’’ avec tous les détails qui a été publié sur Sedar hier soir.

Cet investisseur détient des grosses positions dans plusieurs compagnies profilées par Paul Andreola et SmallCap Discoveries.


#82

Atlas Engineered Products Completes Tandelle-Pacer Acquisition

NANAIMO, British Columbia, Nov. 20, 2018 (GLOBE NEWSWIRE) – ATLAS ENGINEERED PRODUCTS LTD. (“Atlas” or the “Company”) (TSX-V: AEP)(OTC Markets: APEUF) today reports that it has completed the acquisition of Tandelle Specialty Inc. and Pacer Building Components Inc. (“Tandelle-Pacer”) of Ilderton, Ontario previously announced on August 14, 2018. With the acquisition of the Tandelle-Pacer operations, Atlas has added a large and well-established truss, engineered beam and wall and floor panel business, with a large, solid and growing customer base in the Greater Toronto area, entry into the Detroit, Buffalo and Rochester Market, and room to expand operations with ease. The acquisition of Tandelle-Pacer also adds a very experienced management team to Atlas’ Ontario operations.

Tandelle-Pacer’s unaudited revenues for the fiscal year ended October 31st, 2017 were approximately $14.4 million with adjusted EBITDA of $1.9 million. To acquire Tandelle-Pacer, Atlas paid $8.6 million on closing, based on Tandelle-Pacer having a target net working capital of $2,280,938 on closing. The purchase price paid on closing consisted of $8.1 million in cash, and 1,063,830 Atlas common shares having an agreed upon value of $500,000. The cash portion of the purchase price was paid with $3.6 million in proceeds from the first tranche of Atlas’ $0.40 per share private placement financing, and $4.5 million in financing from a Canadian chartered bank. The cash portion of the purchase price is subject to adjustment post-closing based on Tandelle-Pacer’s actual net working capital as of the closing date.

“We are so proud of welcoming Tandelle-Pacer into the Atlas family. Completion of this acquisition is a significant milestone for Atlas, as we add enormous engineering and design skill, manufacturing capacity and strong profitability to Atlas. Tandelle-Pacer is a dominating regional player in the greater Toronto area, with a strong presence into the Buffalo & Detroit areas too,” commented Mr. Dirk Maritz, President & CEO of Atlas. “We now have a significant level of revenue and cash flow critical mass, which allows us to really target larger, really profitable acquisition targets, and deliver strong results for shareholders.”

Mr. Maritz continued, “Fundamentally, this transaction affirms the strength of both our acquisition and organic growth strategies with Atlas now approaching that $40m-$50m top-line revenue mark, and huge opportunity to grow organically in each of our group locations. Tandelle-Pacer’s demonstrated reputation for strong organic growth combines well with what we experience in the rest of the Atlas group, and the Tandelle-Pacer operation adds a large and well-established design and engineering powerhouse in the truss, engineered beam, wall and floor panel business with room to expand operations with ease.”

Please follow the attached link to view Mr. Dirk Maritz’s interview with Proactive Investors:

https://www.youtube.com/watch?v=9CcGABZz1Pw&feature=youtu.be

About Atlas Engineered Products Ltd.

Atlas Engineered Products is a leading supplier of trusses and engineered wood products. Atlas was formed over 18 years ago and operates manufacturing and distribution facilities in British Columbia and Ontario to meet the needs of residential and commercial builders. Atlas has expert design and engineering teams, multiple-shift state-of-the-art truss manufacturing operations, and large inventories of engineered beam and flooring components. Atlas aims to grow its base of business across Canada by pursuing an aggressive acquisition and consolidation and product diversification strategy. Atlas will bring its construction industry partners across Canada unparalleled excellence in service, product, and support and is committed to supplying them with the full array of components and assemblies they might require for their projects – from design to lockup


#83

C’est vraiment un excellent prix d’acquisition, moins de trois fois EBITDA!


#84

Entrevue avec le nouveau PDG:


#85

Atlas Engineered Products Enters Into Definitive Agreement to Acquire South Central Building Systems and Closes Second Trance of Private Placement Financing

Interminable placement mais voilà la Compagnie peut se concentrer sur sa croissance spectaculaire.


#86

Le CEO, CFO et 3 directeurs (dont le Chairman et le fondateur de l’entreprise) ont participé au placement privé :

Canadian Insider - AEP