Carco, a global manufacturer of customized high-performance sealing solutions, has acquired a majority stake of Hi-Tech Seals, based in Edmonton, Canada. Founded in 1990, Hi-Tech manufactures high-performance industrial seals, gaskets, and elastomer & thermoplastic solutions for numerous industries worldwide. Hi-Tech has over 160 employees with additional facilities in Conroe, TX and Broussard, LA. The acquisition will expand Carco’s presence in North America.
EC M&A acted as exclusive financial advisor to Carco on this transaction.
