Transaction details

Industrial markets - Fluid power

KPMG Corporate Finance acted as financial advisor to the shareholders of Norcan Fluid Power Ltd. (Norcan) on its divestiture to Fluid System Components Inc. (FSC). KPMG’s Operations M&A and Tax teams also provided strategic positioning and structuring advice for the transaction.

Norcan is one of the largest value-added distributors and service providers of hydraulic parts and equipment in Western Canada. Founded in 1974, Norcan is highly recognized for its technical experience and hands-on approach as well as its position as the sole Western Canadian distributor of Bosch Rexroth products.

FSC has been a leader in the fluid power industry for over 50 years with expertise in all aspects of hydraulic and pneumatic equipment including custom hydraulic power system solutions. Norcan will operate as the Canadian division of FSC with the combined company becoming the only distributor of the Bosch Rexroth product line across the United States and Canada.

KPMG deal team

KPMG Corporate Finance
acted as financial advisor to

Norcan Fluid Power

on its sale to

Fluid System Components

April 2023

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