Archive for December 2018
Target Mazda acquired
https://www.ngnews.ca/business/new-glasgow-mazda-dealership-asks-communitys-help-with-rename-255627/
The New Glasgow News is reporting that the NB-based Smith family has acquired New Glasgow, NS’s Target Mazda car dealership.
The Smith family also own Mazda dealerships in Dieppe, NB and Truro, NS, while Target Mazda claims to be the oldest Mazda dealership in Atlantic Canada.
This is another in a long series of transactions in the consolidating auto dealer industry, which has been commented on in this blog many times.
Conquest Engineering acquired
https://www.thechronicleherald.ca/business/cbcl-acquires-conquest-engineering-265070/
The Chronicle Herald is reporting that Halifax-based CBCL Ltd has acquired Conquest Engineering Ltd of Saint John, NB. As is common with many engineering firms, both are said to be employee-owned.
This continues the consolidation trend in the engineering industry.
