Montreal, QC – June 17th, 2024 – Kolostat Inc. proudly announces the acquisition of MSB Mechanical Ltd., a leading provider of plumbing, heating and HVAC services in the Greater Toronto Area.

This strategic move enhances Kolostat’s market position and service capabilities across Canada in the HVAC sector. Established in 1927, Kolostat is a fully integrated mechanical contractor with offices in Montreal and Toronto.

The scope of Kolostat’s design-build services also includes unique decarbonization expertise (through Krome Services).

“We are excited about the synergy this acquisition brings” said Francois Gaudreau, Chairman of the board of Kolostat. “MSB Mechanical’s expertise and commitment to excellence align perfectly with our strategic vision in this sector.”

“Adding MSB Mechanical to Kolostat’s family will provide us a more fully integrated approach in GTA area which is important for our customers” said Alain Champoux, CEO of Kolostat Inc. Mat Black, President and founder of MSB Mechanical, said, “The dedication of our employees has made MSB a leader in our field, and we see the combination with Kolostat as an opportunity to enhance the services we offer our customers particularly given their design build capacity. We are very excited about joining forces with them, as this union is part of MSB’s strategic evolution.”

About Kolostat

Kolostat Inc. is a multi-faceted mechanical contracting firm specializing in bid and spec, design- build, and HVAC preventative maintenance and service. Since 2019, Kolostat is part of Thornhill Capital’s group of companies.

For more information, visit Kolostat, Krome Services and MSB Mechanical.

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