Roll-Tite Corp.

Roll-Tite Corp.

April 16, 2009 13:30 ET

Roll-Tite Is 'Back in Business'

TORONTO, ONTARIO--(Marketwire - April 16, 2009) - Roll-Tite Corp. is pleased to announce that leading private equity firm VG Partners has successfully backed its acquisition of the assets of Roll-Tite Inc.

In February 2009, Roll-Tite Inc. (the predecessor company) was placed into receivership as a result of the impact of the downturn in the transportation sector. The new company, Roll-Tite Corp., will continue to carry on business through offices and service centres located in Ontario, Canada, as well as Ohio and Nebraska in the United States.

The Roll-Tite flat bed trailer system is an industry-leading fully retractable mechanical covering system comprised of a sliding aluminum frame and tarpaulin fabric cover. Among the advantages of the proprietary system are speed and operator safety effectively reducing operating costs.

Roll-Tite Corp. is also pleased to announce that it has appointed a new company President, Roman Pankiw, a senior business executive with a wide range of experience in many business sectors including trucking and distribution.

"For over two decades, Roll-Tite has led the industry with its innovative tarpaulin systems, and I look forward to continuing that legacy in my new role as head of the company," said Roman Pankiw, President, Roll-Tite Corp.

About Roll-Tite

Roll-Tite provides the world's leading transportation companies and owner/operators with the most advanced, reliable and affordable retractable tarpaulin systems on the market. Since inventing the Roll-Tite system in 1987, the company continues to lead the industry.

About VG Partners

A premier Canadian private equity investment group, VG Partners builds innovative companies into global successes. Since 1982, it has invested over $1.3 billion in almost 200 North American companies, working alongside business owners to maximize potential. VG Partners' investment team provides an unparalleled hands-on approach and a breadth of industry experience within technology, life sciences, and mezzgrowth industrial and consumer sectors. VG Partners is part of VenGrowth Private Equity Partners Inc.

Contact Information

  • Media Inquiries:
    Roll-Tite Corp.
    Roman Pankiw
    (519) 424-9191