01:26 PM EST, 02/11/2025 (MT Newswires) -- Heroux-Devtek ( HERXF ) Tuesday said it completed its $1.35-million sale to Platinum Equity Advisors, who have now acquired all the company's shares for $32.50 in cash per share.

As part of the arrangement, Heroux-Devtek ( HERXF ) senior managers, including Gilles Labbe, Executive Chairman, and chief executive Martin Brassard rolled over a portion of their shares in exchange for shares in the capital of the purchaser's parent company.

The company's shares will be delisted from the Toronto Stock Exchange by Feb.13.

Price: 32.49, Change: +0.07, Percent Change: +0.22