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Black Diamond Completes Asset Purchase in British Columbia for $20.5 Million in Cash
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Black Diamond Completes Asset Purchase in British Columbia for $20.5 Million in Cash
Jul 2, 2024 5:18 AM

07:49 AM EDT, 07/02/2024 (MT Newswires) -- Black Diamond Group ( BDIMF ) , a specialty rentals and industrial services company, said on Tuesday that it has completed the purchase of 329 space rental units, plus ancillary assets, for about $20.5 million in cash.

The company funded the purchase through its existing asset-based lending facility. The assets are mainly located in Kitimat, British Columbia.

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