Finning completes the sale of 4Refuel and ComTech

Core Points - Finning International Inc. has completed the sale of 100% of its mobile on-site refueling business, 4Refuel, to affiliates of H.I.G. Capital [1] - The company also finalized the sale of Compression Technology Corporation (ComTech) to a third party on May 15, 2025 [2] - These transactions are part of Finning's strategy to simplify its business and focus on core dealership operations, aiming to unlock invested capital and enhance pro-forma return on invested capital [3] Company Overview - Finning is recognized as the world's largest Caterpillar dealer, providing equipment, parts, services, and performance solutions across various regions including Western Canada, Chile, Argentina, Bolivia, the UK, and Ireland [4]