On October 7, 2010, a wholly owned subsidiary of Kissner Milling Company Limited (“Kissner”) of Cambridge, Ontario, completed the acquisition of The Detroit Salt Company, L.C. (“Detroit Salt”), the owner and operator of a large rock salt mine located under the City of Detroit, Michigan. Financial terms were undisclosed.
The Detroit Salt Mine is located approximately 1,200 feet underground, and has been in operation for nearly 100 years. The mine covers over 1,500 acres and currently contains over 100 miles of roads.
Kissner is a major ice-melt manufacturer and chemical distributor, supplying a wide range of high-quality de-icing products and over 300 food and industrial chemicals.
Stikeman Elliott LLP represented Kissner with a team led by Simon Romano in Toronto and Charles Kraus in Calgary, and included Benjamin Hudy, Kyle Brunner, and Christopher Scherman (corporate) and Douglas Richardson, Roanne Bratz and Julie D'Avignon (tax). Pepper Hamilton LLP provided local counsel to Kissner, with a team that included Vicki Harding (real estate); Dennis Kayes (corporate); Gregory Narsh (environmental); Karen Gelula (employment) and Joan Arnold (tax).
Detroit Salt and its owners were represented by their long-time counsel, Hooper, Hathaway, Price, Beuche & Wallace, P.C., with a team led by James Beuche and Bruce Wallace.