TerraVest Industries Inc.
TerraVest Industries Inc. is a Canadian diversified industrial manufacturer. Its operating history traces to an income trust structure created under a declaration of trust dated 3 May 2004, which was converted into a corporation, TerraVest Capital Inc., by a plan of arrangement under the Business Corporations Act (Alberta) effective 31 October 2012. Shareholders approved changing the corporate name to TerraVest Industries Inc. on 12 February 2018, effective 21 February 2018. The company’s head office is at 6205 60 Street, Vegreville, Alberta, Canada.
The registration number and 23 April 2019 date held on file for this profile (1174502881, sourced from the Registraire des entreprises du Québec) are the company’s Québec enterprise number (NEQ) and extra-provincial registration date in Québec, not its home-jurisdiction incorporation in Alberta. The Québec filing lets TerraVest and its Québec-based operating subsidiaries, such as Granby Industries Inc. and Pro-Par Inc., legally carry on business in that province; it does not represent when the corporation was formed.
TerraVest Industries Inc. designs and manufactures propane, anhydrous ammonia (NH3) and natural gas liquids (NGL) storage and transportation equipment, home heating and cooling products, energy processing equipment, and provides related field services, organised into four reporting segments: HVAC and Containment Equipment, Compressed Gas Equipment, Processing Equipment, and Service. Its products are sold under more than two dozen operating brands, including Granby Industries, Granby Composites, Highland Tank and Pro-Par, primarily to energy, agriculture and industrial customers in Canada and the United States.
TerraVest Industries Inc. common shares trade on the Toronto Stock Exchange under the ticker TVK and, over the counter in the United States, under the symbol TRRVF. For the fiscal year ended 30 September 2025, the company reported consolidated sales of approximately CAD 1,371.2 million, up from CAD 911.8 million in the prior fiscal year, and consolidated net income of approximately CAD 98.4 million, according to its fourth-quarter and year-end results announced on 11 December 2025.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
5
Shareholders of TerraVest Industries Inc.
TerraVest Industries Inc. is a publicly traded company listed on the Toronto Stock Exchange (TSX: TVK), and its share register is not published in full. Disclosure is limited to major/reportable holders identified through insider filings and third-party ownership analyses. Secondary ownership analyses dated between 2024 and 2025 describe Executive Chairman Charles Pellerin as the largest individual/insider shareholder, with insiders collectively holding roughly a quarter of outstanding shares, institutional investors holding roughly a fifth to a third (estimates vary by date), and retail/individual investors holding the largest single block, in the range of 40-47%. The same analyses name Mawer Investment Management Ltd. and Lee-Lan Holdings Ltd. among the larger disclosed institutional/private holders. These figures come from dated ownership-analysis articles referencing public filings rather than from a single official register, and percentages should be read as approximate as of their stated dates.
The corporate-registry data on file for this profile additionally lists several holders of very small, equal nominal share blocks (33 shares each) tied to a Québec extra-provincial filing; these appear to be nominal or founding-type share allocations recorded at the Québec registry rather than a snapshot of TerraVest’s current TSX-level beneficial ownership, and are not presented here as current major shareholders. One further holding on file, attributed to funds of Fidelity Investment Trust at a combined share price implying a value inconsistent with any single publicly reported position of that size, could not be corroborated against a primary source and is flagged rather than repeated as fact.
Data availability
Availability is classified as Major shareholders only: TerraVest Industries Inc. is a widely held, exchange-listed company, and only holders above applicable disclosure thresholds are identifiable through insider reporting and secondary ownership analyses. A complete, dated shareholder register was not found in the sources reviewed for this profile.
Registry feed — rows exactly as filed with Registraire des entreprises du Québec (REQ), including entries the profile above does not cover.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Fidelity Investment Trust-Fidelity Series Canada Fund | 25.2% | Registraire des entreprises du Québec (REQ) | |
| Fidelity Investment Trust-Fidelity Canada Fund | 3.9% | Registraire des entreprises du Québec (REQ) | |
| Mawer Investment Management Ltd. | 0% | Registraire des entreprises du Québec (REQ) | |
| Societe Alexco, S.E.N.C. | 0% | Registraire des entreprises du Québec (REQ) | |
| Lee-Lan Holdings Ltd. | 0% | Registraire des entreprises du Québec (REQ) |
Officers
19
Directors and officers of TerraVest Industries Inc.
TerraVest Industries Inc.’s current board and senior management are disclosed on the company’s official website. The Board of Directors comprises Charles Pellerin (Executive Chairman, in that role since 2014), Dustin Haw (President and Chief Executive Officer and a director since 2014), Blair Cook (director; Chair of the Audit Committee), Dale Laniuk (director; previously President and CEO of the company from 2012 to 2015), Rocco Rossi (director) and Mick MacBean (director). Senior executive officers include Dustin Haw as President and CEO (appointed 22 February 2017), Guillaume Cloutier as Chief Financial Officer (joined the company in 2025), and Mitchell Gilbert as Chief Investment Officer (with the company since 2013), together with divisional presidents responsible for TerraVest’s HVAC and Containment Equipment, Compressed Gas Equipment, Processing Equipment and Service segments.
Recent officer changes
Guillaume Cloutier was appointed Chief Financial Officer in 2025, succeeding Marilyn Boucher, who is recorded as Chief Financial Officer in the corporate-registry data on file for this profile; this profile’s CFO record predates that change. Exact effective dates for the CFO transition were not confirmed in the sources reviewed.
Data availability
Information is classified as Partial: current roles for the Board and senior executives are confirmed via the company’s official investor-relations pages, but appointment and resignation dates for most individual officers, and any historical (resigned/former) officer records, were not fully available from the primary sources reviewed. Nationality is not disclosed for any officer or director in the sources reviewed and is not stated here; it should not be inferred from any person’s name, address or country of residence shown in registry data.
Registry feed — rows exactly as filed with Registraire des entreprises du Québec (REQ), including entries the profile above does not cover.
Group Structure
Group structure of TerraVest Industries Inc.
TerraVest Industries Inc. is the top publicly traded entity of its own corporate group; no external parent company was identified in the sources reviewed for this profile. The corporate-linkage data on file, sourced from TerraVest’s Québec extra-provincial registration, identifies a number of Québec-incorporated operating entities beneath TerraVest, consistent with operating brands that TerraVest’s own website lists among its more than two dozen manufacturing brands, including Granby Industries Inc., Granby Composites Inc. and Pro-Par Inc. TerraVest also owns and operates additional brands, such as Highland Tank, that are incorporated outside Québec and therefore do not appear in this Québec-sourced linkage data.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Gestion Jerico Inc. | Canada (QC) | 1161324323 | Direct or indirect subsidiary | Ownership percentage not disclosed | Active | 2026-08-11 |
| Granby Industries Inc. | Canada (QC) | 1163152995 | Indirect subsidiary | Ownership percentage not disclosed | Active | 2026-08-11 |
| Granby Composites Inc. | Canada (QC) | 1146398327 | Indirect subsidiary | Ownership percentage not disclosed | Active | 2026-08-11 |
| Pro-Par Inc. | Canada (QC) | 1163842173 | Indirect subsidiary | Ownership percentage not disclosed | Active | 2026-08-11 |
| Les Réservoirs TerraVest Inc. | Canada (QC) | 1178452323 | Indirect subsidiary | Ownership percentage not disclosed | Active | 2026-08-11 |
Data availability
Availability is classified as Partial: the linkage data reviewed for this profile is limited to entities registered with Québec’s Registraire des entreprises and therefore does not cover TerraVest’s full group, including brands and subsidiaries incorporated in Alberta, other Canadian provinces or the United States. Ownership percentages within the Québec-sourced structure were not disclosed in the data reviewed.
Registry feed — rows exactly as filed with Registraire des entreprises du Québec (REQ), including entries the profile above does not cover.
TerraVest Industries Inc.
Canada
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Frequently Asked Questions
What is TerraVest Industries Inc.?
TerraVest Industries Inc. is a Canadian diversified industrial manufacturer headquartered in Vegreville, Alberta, that makes propane, anhydrous ammonia (NH3) and natural gas liquids (NGL) storage and transportation equipment, home heating and cooling products, and energy processing equipment, and provides related field services.
Is TerraVest Industries Inc. a public company?
Yes. TerraVest Industries Inc. common shares trade on the Toronto Stock Exchange under the ticker TVK, and in the United States they trade over the counter under the symbol TRRVF.
Where is TerraVest Industries Inc. headquartered?
TerraVest Industries Inc.'s head office is at 6205 60 Street, Vegreville, Alberta, Canada.
Does the 23 April 2019 date on file reflect when TerraVest Industries Inc. was founded?
No. That date and the associated registration number 1174502881 come from the Registraire des entreprises du Québec and reflect TerraVest's extra-provincial registration to do business in Québec, not its incorporation. The company was converted from an income trust into a corporation, TerraVest Capital Inc., under Alberta's Business Corporations Act effective 31 October 2012, building on an income-trust structure created by a declaration of trust dated 3 May 2004.
When did TerraVest Capital Inc. become TerraVest Industries Inc.?
Shareholders approved the name change from TerraVest Capital Inc. to TerraVest Industries Inc. on 12 February 2018, and the change took effect on 21 February 2018.
What are TerraVest Industries Inc.'s main business segments?
TerraVest reports four segments: HVAC and Containment Equipment, Compressed Gas Equipment, Processing Equipment, and Service.
What brands does TerraVest Industries Inc. operate?
TerraVest's own website lists more than two dozen operating brands, including Granby Industries, Granby Composites, Highland Tank and Pro-Par, among others, spanning tank manufacturing, transport equipment and related services.
What was TerraVest Industries Inc.'s revenue in its most recent fiscal year?
For the fiscal year ended 30 September 2025, TerraVest reported consolidated sales of approximately CAD 1,371.2 million, up 50% from CAD 911.8 million in the prior fiscal year, and net income of approximately CAD 98.4 million, per its results announced on 11 December 2025.
Who is the CEO of TerraVest Industries Inc.?
Dustin Haw is President and Chief Executive Officer, a role he has held since 22 February 2017; he has also served as a director since 2014.
Who is the Executive Chairman of TerraVest Industries Inc.?
Charles Pellerin has served as Executive Chairman of TerraVest since 2014.
Who are TerraVest Industries Inc.'s major shareholders?
TerraVest is widely held and does not publish a complete shareholder register. Dated secondary ownership analyses describe Executive Chairman Charles Pellerin as the largest individual/insider holder, with Mawer Investment Management Ltd. and Lee-Lan Holdings Ltd. also named among larger disclosed holders; insiders, institutions and retail investors each hold a meaningful share of the register, per those analyses.
Does TerraVest Industries Inc. have a parent company?
No external parent company was identified in the sources reviewed. TerraVest Industries Inc. is the top publicly traded entity of its own group.
What subsidiaries does TerraVest Industries Inc. have in Québec?
TerraVest's Québec extra-provincial registration data identifies operating entities including Gestion Jerico Inc., Granby Industries Inc., Granby Composites Inc., Pro-Par Inc. and Les Réservoirs TerraVest Inc., among others, consistent with brands TerraVest lists on its own website.
What was TerraVest Industries Inc. called before its current name?
The company was previously named TerraVest Capital Inc., and before its 2012 conversion to a corporation it operated as an income trust established by a declaration of trust dated 3 May 2004.