Federal Signal Corp. (FSS) to Acquire Westech Vac Systems
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Federal Signal Corporation Announces Westech Acquisition
December 22, 2015 8:31 AM ESTOAK BROOK, Ill., Dec. 22, 2015 /PRNewswire/ --Â Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today announced that it has signed a definitive agreement to purchase Westech Vac Systems, Ltd. ("Westech"), a Canadian manufacturer of high-quality, rugged vacuum trucks. Federal Signal will acquire 100% of the stock of Westech from Advance Engineered Products Ltd., which was acquired out of bankruptcy during 2015. The transaction will be funded in cash and is expected to close in January 2016.
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