Toromont Industries

Toromont Industries is a Canadian industrial company with two segments, Equipment Group and CIMCO. Equipment Group, by revenue, supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial applications, demolition, and waste management; CIMCO designs, engineers, fabricates, and installs industrial and recreational refrigeration systems. The company operates primarily in Canada, with a smaller share of sales from the United States and other markets.

Michael McMillan

EVP and CFO

2 past transactions

Tri-City Equipment

Acquisition in 2024
Tri-City Equipment is a Southwestern Ontario-based company that specializes in renting heavy industrial equipment for construction projects. Their inventory includes excavators, haul trucks, loaders, packers, and bulldozers. In addition to rentals, they provide maintenance and floating services to support their clients' projects. The company operates on a 24/7 basis to ensure continuous support for its customers.

Hewitt Equipment

Acquisition in 2017
Hewitt Equipment is a provider of heavy equipment and machinery, specializing in the sale, rental, and servicing of a comprehensive range of products, primarily from Caterpillar. The company serves various sectors, including forestry, mining, and construction, offering equipment such as paving machines, crushing and screening machinery, and forklifts. Additionally, Hewitt Equipment focuses on generator systems, designing and assembling solutions for natural gas, bio gas, and diesel applications, along with marine and industrial uses. Their portfolio includes a variety of products, ensuring that they meet the diverse needs of their clientele in heavy equipment and power generation.
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