St. Lawrence Cement Inc. acquired the aggregate, construction and asphalt paving businesses of TCG Inc. and TCG Asphalt and Construction Inc. from an indirect subsidiary of Lafarge SA, for an undisclosed amount, on November 12, 2001. The sale of these businesses was mandated by order of the Competition Bureau after Lafarge SA had acquired the Canadian businesses of Blue Circle Canada Inc. in July 2001. St. Lawrence was the successful bidder pursuant to an auction process conducted by Lafarge SA.
Douglas Scott of Fasken Martineau DuMoulin LLP led the St. Lawrence team with assistance from Janice Javier (corporate), Tony Baldanza (competition), Neil Smiley (real estate), Peggy McCallum (pension and benefits), Ralph Nero (labour and employment) and Rosalind Cooper (environmental).
Stikeman Elliott acted for Lafarge SA with a team comprised of Karen Jackson, Stewart Sutcliffe and Lynn Gluckman (corporate), Susan Hutton (competition), Larry Cobb (environmental), Mario Paura (real estate), Aaron Atcheson (real estate and environmental), Lorna Cuthbert and Gary Nachshen (pension and benefits) and Julie Thibault (labour and employment).