Transaction Type





Export Development Canada

Acquired By

APG-Neuros / Export Development Canada

The owner of APG-Neuros, a company based in Québec, Canada, has sold an equity position to the Private Equity division of Export Development Canada (EDC).

APG-Neuros is recognized as the force behind the successful introduction of the high-efficiency turbo blower technology to the water and wastewater treatment market in North America, Europe and the Middle-East, modernizing an aging industry. APG-Neuros cleantech turbo blowers are used in a variety of industrial applications and wastewater treatment processes, with over 5,000 units installed worldwide.

EDC is a financial crown corporation dedicated to supporting and developing Canada’s export trade. It is a self-financing institution that operates independently from the government. Since 2012, EDC has facilitated more than US$6 billion in cleantech business in 114 countries. EDC’s investment team manage an investment portfolio in Canadian and international companies and funds with aggregate commitments totaling approximately US$2 billion. Its direct investment in private companies provides a patient capital solution to business owners to help support organic growth and/or acquisition initiatives.

Oaklins’ team in Canada acted as advisor to the seller and the management team of APG-Neuros in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.

Key Contacts

Recent Deals for Industrials Sector

What can we help you achieve?

Get in touch

Thank you. We will be in touch soon

There was an error with the form. Please check and try again.