August 31, 2024 – Regina, Saskatchewan – The Madison Industrial Group (“Madison”) and Stockdales Electric Motor Corporation (“Stockdales”) are pleased to announce that Madison has acquired Stockdale Family’s interest in Stockdales Electric Motor Corporation and the Stockdales Industrial Group (the “Acquisition”). Stockdales is now wholly owned by Madison.
This Acquisition represents the next step in a long-term partnership between Madison and the Stockdale Family and will enable Stockdales to support customers in broader geographic regions with a wider array of engineered products and solutions. For Madison, the Acquisition will bring significant industrial expertise, particularly within mining, agriculture and power infrastructure.
Under the leadership of John Stockdale and driven by a focus on technical excellence, ingenuity, and dedication to its customers, Stockdales has grown to become one of Saskatchewan’s most prominent engineered electrical solutions companies. Stockdales has designed and built critical power and control solutions for many of the province’s most remote and challenging industrial environments and excels at providing repair and service for a wide array of motors and variable frequency drive applications.
Madison is excited about this opportunity to strengthen its ties with Stockdales and continue the business’s legacy created over the past 50 years. Importantly, John and Jay Stockdale will continue to lead the business, maintaining continuity for key stakeholders, including customers, employees and the local communities.
About
The Madison Industrial Group of companies focus on delivering power, motor, and control solutions to North America’s most important industrial sectors. With 12 locations and over 500 employees across Canada, the Madison Industrial Group is well positioned to serve its customers with timely expertise where and when it is needed.
Stockdales Electric Motor Corporation designs, builds, and services industrial controls with its world-class electrical and automation engineering team. Stockdales provides a wide range of design and manufacturing services, including power distribution, variable speed drive solutions, PLC, and HMI programming.
Stockdales is also synonymous with motors and gearing services, serving as the leading distributor of electric motors in Saskatchewan and providing comprehensive electric motor repair and rewind services.
