acquisitions
Montreal food manufacturer MRRM Inc. acquired for $11B
Food and beverage company MRRM has been operating in Montreal for more than 130 years
Montreal’s Ulrich Metrology acquired by Transcat
Ulrich provides custom metrology solutions for the aerospace and defense, industrial manufacturing and life science
industriesIt’s official: Tim Hortons, Burger King to ink US$11B deal
The Tim Hortons-Burger King merger will create the world’s third-largest quick service restaurant company with $23 billion in sales and 18,000 restaurants
BlackBerry acquires anti-snooping firm Secusmart
Chief executive John Chen says buying the German company will address growing concerns about threats to individual privacy and national security
ATCO sells internal IT dept. for $210M, then outsources IT
Utilities and services company ATCO has sold its IT department to Australia’s Wipro, Ltd., then signs a 10-year IT services contract with Wipro
Packaging solutions firm PC&D acquired by management team
PC&D makes highly engineered packaging solutions for global Tier 1 automotive suppliers and OEMs
Vicwest acquires metal decking business from Roll Form Group
The purchase price was not disclosed but included the acquisition of inventory, goodwill and receivables and was not material to Vicwest Inc.
Sherritt selling coal business for $946M; Westmoreland gets seven mines
Sherritt has been one of Canada’s largest coal producers but it’s a diversified resource company with operations in several countries
Dynaplas acquires Chilton Precision Inc.
Chilton will continue to operate as a separate standalone business unit
Dow looks to sell 40 manufacturing facilities over next two years
Almost 2,000 workers will be affected by the move away from cyclical commodities where the businesses generate up to $5 billion of total annual revenue
