SAMUEL ACQUIRES SYSTEMATIX

Oakville, Ontario, Canada,

Samuel, Son & Co., Limited, today announced its acquisition of Systematix Inc. of Waterloo, Ontario, a leading automated systems provider for customers in a wide range of end markets.

Founded in 1988, Systematix works with customers to apply highly engineered solutions and cutting-edge technologies to solve complex manufacturing challenges, such as new product introductions, cycle time and yield optimization and improved operator safety.

“Businesses are continually investing in new automation solutions to improve the efficiency and effectiveness of their operations,” said Rod Crawford, President of Samuel Manufacturing. “We’re investing in a highly skilled team that has built an outstanding reputation as a provider of differentiated, complex automated systems. We want to welcome the Systematix team to Samuel and look forward to working together to deliver further customer value and growth.”

This acquisition furthers Samuel’s capabilities as a provider of specialized automated systems and solutions. CAID Automation, a division of Samuel acquired in 2018, will be combined with the Systematix team to provide the North American market with expanded technological capability and geographic reach.

This newly formed automation solutions team will consist of 150 highly skilled professionals, with a geographic presence in Canada, the United States and Mexico, to effectively serve new and existing customers.

Robert Lague, currently COO at Systematix, will lead the combined organization. “After establishing a very strong business, the Systematix team is delighted to be joining Samuel,” said Mr. Lague. “Samuel has a track record of accelerating the growth and performance of companies they’ve acquired, and we look forward to working together to take Systematix to the next level.”

About Samuel

Founded in 1855, Samuel, Son & Co., Limited, is a family-owned integrated network of metal manufacturing, processing and distribution divisions. Samuel employees provide metals, industrial products and related value-added services from locations across North America. The company leverages its industry expertise, breadth of experience and the passion of its people to help drive success for North American business – one customer at a time. For more information visit samuel.com.

Media Contact

Steve Snyder
Director of Marketing and Communications
Samuel, Son & Co., Limited
289-442-3604
steve.snyder@samuel.com