INSIDE ALASKA BUSINESS.

Enstar

One Canadian company is taking over Enstar Natural Gas from another. Calgary-based TriSummit Utilities agreed to acquire Alaska's largest energy utility from fellow Alberta firm AltaGas in a transaction valued at US $800,000. In 2012, AltaGas paid $1.2 billion for Enstar's previous holding company, Michigan-based Semco Energy (which included a Michigan gas utility). When the deal closes in early 2023, TriSummit says Enstar's management and operations in Anchorage will be unchanged. enstarnaturalgas.com

Sitnasuak Native Corporation

A subsidiary of the Alaska Native corporation for Nome is integrating its military uniform supply chain by acquiring a South Carolina company that prints camouflage fabric. Sitnasuak Native Corporation's defense contractor, SNC Technical Services, is one of the largest American producers of uniforms and tactical gear for the US armed forces. Since 2017, its key supplier of government-authorized camouflage patterns has been Bennettsville Printing. Now SNC Technical Services is taking over Bennettsville Printing. The company will continue to operate under the same name and business structure. snc.org

Alaska Rubber Group

Disruption in the industrial distribution sector offers further opportunity for Alaska Rubber Group (ARG) to expand. The Anchorage-based company's latest acquisition is Industrial Supply Inc. of Bellingham, Washington. The company fabricates and sells hydraulic hose fittings, lifting and rigging products, industrial chemicals, and abrasives. The addition expands ARG to twelve locations across Alaska, Washington, and Oregon; the company acquired Pacific Hose & Fittings in Portland last November. alaskarubbergroup.com

Resolve Alaska

Two maritime support companies in Dutch Harbor are joining forces. The Alaska subsidiary of Florida-based Resolve Marine acquired MAC Enterprises. While Resolve Alaska specializes in vessel salvage, rescue, and emergency response, MAC Enterprises brings expertise in welding and diving, hull inspection and surveys, mooring, marine and freight transport, and off-season vessel security. Resolve Alaska provides...