TorQuest Partners acquires North West Rubber
On November 30, 2021, TorQuest Partners ("TorQuest") announced that it completed the acquisition of North West Rubber Ltd. ("NWR"), a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products.
NWR's operations include three manufacturing facilities located in Abbotsford, BC, Brantford, ON, and Houston, TX, a tire-recycling joint venture, Evolve Recycling Inc., also based in Brantford, ON, and various strategic manufacturing partnerships in Asia.
Further information can be found on Canada Newswire’s website.
North West Rubber is a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products for use in the consumer, farm, athletic facilities, and industrial end markets.
TorQuest Partners is a Canadian-based manager of private equity funds. With more than CA$3 billion of equity capital under management, TorQuest is currently investing from TorQuest Partners Fund V, a C$1.375 million fund that closed in March 2020.