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Shawcor acquires Kanata Electronic Services, terms not disclosed

The Canadian Press   

Business Operations Aerospace

TORONTO – Shawcor Ltd. says it has acquired Kanata Electronic Services Ltd., a privately owned manufacturer and supplier of specialty cable assemblies and wire harnesses for the nuclear and aerospace industries.

Financial terms of the deal were not disclosed.

Shawcor says the Toronto-based company will be integrated into its ShawFlex wire and cable business.

Kanata president Barbara Miller says the company has been a long-standing partner to ShawFlex and looks forward to an even closer working relationship.

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Shawcor says Kanata serves the nuclear and spacecraft industries with custom cable assemblies.

The company says Kanata generated about $3 million in revenue in the first nine months of 2022.

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