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Falcon Equipment enters equity partnership with RELAM Inc.

Falcon Equipment, a heavy equipment supplier with locations across Western and Central Canada, has entered a strategic equity partnership with Ohio’s Railway Equipment Leasing and Maintenaince (RELAM) Inc.

RELAM is a provider of equipment rentals, leasing, and financing packages focused on the rail sector, with this equity acquisition expanding the company’s portfolio into the Canadian marketplace.

With this new partnership, Falcon Equipment will retain its branding, personnel and product portfolio the company has been building since its founding in 1988. Falcon sees this new partnership as the next step in growing its market presence and achieving its goal of becoming Canada’s top equipment solutions provider, reads a letter from president Dan Kielan.

“The combination of Falcon and RELAM in Canada not only gives Falcon sustainability for years to come but allows us to stay focused on our growth initiatives,” said Kielan. “This includes expansion into new territories, and it strengthens our plans and focus for all the products and industries that our customers have come to depend on us for.”

Falcon Equipment has locations in Winnipeg, Regina, Edmonton and British Columbia, including Victoria, Nanaimo and Surrey. Its Surrey location includes its head office and fabrication shop, along with the company’s rail and special projects site.