* Deal for $1.3 million
* Cash purchase price and capital commitments will be funded from black diamond’s available cash and borrowing facilities.
* Black diamond is increasing its previously announced $10.0 million 2016 capital expenditure plan to $15.0 million
* Black diamond group announces the strategic acquisition of vancouver area rental fleet
* Concurrent with acquisition, black diamond signed a commitment to purchase $1.4 million of new manufactured assets from shelter Source text for Eikon: Further company coverage: