Sale of Rendan Fabricators Ltd. to AGF Group Inc.

Industrial markets - Construction and building products

KPMG Corporate Finance acted as financial advisor to the shareholders of Rendan Fabricators Limited (Rendan) on its sale to AGF Group Inc. (AGF).

Founded in Dartmouth, Nova Scotia and part of the Cherubini Group of Companies, Rendan is a leading supplier and installer of concrete reinforcing bars and welded wire mesh components in Atlantic Canada. The family-owned operation has been serving customers across the Nova Scotia peninsula and Cape Breton Island for many years, and has developed a strong reputation for quality service. Service capabilities include the custom preparation of steel rebar and wire mesh components, as well as shipping and installation to meet specific project needs.

AGF is a family-owned business specializing in reinforcing steel and post tensioning. Founded in 1948, AGF has grown to 25 business units internationally through acquisitions, partnerships, and the creation of new companies. The combined forces will strengthen AGF’s presence in Atlantic Canada and build on their shared values and quality execution.