AEP To Acquire ZyTech Assets

British Columbia-based Atlas Engineered Products Ltd. (AEP) plans to acquire the bulk of ZyTech Building Systems LP's manufacturing assets at its former Langley, BC, location. This equipment acquisition is expected to close on January 31 with operations expected to be ready for the 2021 peak building season. In addition to acquiring this equipment, AEP will be completing several supply contracts for a number of ZyTech's clients. The transaction is part of the company’s organic growth plan, says interim chief financial officer Melissa MacRae.