Deal facts
- Buyer
- T&T Power Group Inc.
- Target
- Simson-Maxwell Ltd.
- Deal value
- Not disclosed
- Announced
- 4 June 2026
- Status
- Completed
- Sector
- Energy
- Country
- Canada
- Consideration
- shares
Sources
T&T Power Group Inc. has agreed to acquire Simson-Maxwell Ltd. in a strategic acquisition within the Energy sector. The transaction, which involves consideration in the form of shares, was announced on 4 June 2026. Although the deal value was not disclosed, the parties confirmed that the acquisition was completed on 1 June 2026. Both the buyer and the target are based in Canada, indicating a domestic consolidation of assets within the national energy market.
The deal structure allows the acquiring entity to integrate the target's operations without an immediate cash outlay. As the transaction has already been finalised, the companies are now operating under a single corporate umbrella. The completion of this agreement marks a significant step for the Energy sector in Canada. The transaction is subject to regulatory approval.
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1 update- CompletedClosed
T&T Power Group Inc. completes acquisition of Simson-Maxwell Ltd.
Item 1.01. Entry into a Material Definitive Agreement. On June 1, 2026, Simson-Maxwell Ltd. (“Simson”), a Canadian corporation and minority-owned subsidiary of Viking Energy Group, Inc. (“Viking”), a wholly-owned subsidiary of Camber Energy, Inc. (the “Company”), entered into an amalgamation agreement (the “Amalgamation Agreement”) with T&T Power Group Inc. (“T&T”), a Canadian corporation. The tra
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Buyer history
T&T Power Group Inc.
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