DEL Equipment Inc. and Drive Products Inc. have announced they have entered into an agreement where Drive Products will acquire the majority of DEL’s Canadian business and associated assets.

Drive Products will acquire all intellectual property, rights and goodwill related to DEL’s business, certain rights and obligations in respect to pool stock, customer and supplier agreements, certain inventory and all of DEL’s owned equipment at its Newmarket, Ontario branch. “We are excited to have the DEL business merge with Drive Products. DEL has a long history of excellent workmanship and customer service, and we believe bringing the DEL brand within the Drive Products family adds a highly complimentary business that further diversifies the broad range of products, services and solutions Drive Products delivers to our wide Canadian customer base,” said Greg Edmonds, CEO, Drive Products.

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