Suncor Energy Products Inc. acquired Chemtrade Logistics Inc.'s sulphur recovery operations business in Montreal. The purchase price of the acquisition was approximately $120 million. The transaction was publicly announced on May 12, 2014.
Suncor was advised by George Fraser, Director Legal Affairs, R&M Canada of Suncor Energy Products Partnership, and by Blake, Cassels & Graydon LLP with a team led led by Graham Smith and Patrick Shea and including Megan Shaw and Shannon Consedine (corporate and M&A); Robert Kopstein and Jean Gagnon (tax); Natalie Bussière (employment and employee benefits), Charles Kazaz (environment), Daniel Ferreira (real estate) and Jason Gudofsky and Aleksandra Petkovic (competition law).
Chemtrade was represented in-house by Susan Paré, General Counsel, Chemtrade Logistics Inc., supported by Osler, Hoskin & Harcourt LLP with a team including Robert Yalden, Chima Ubani and Fady Hammal (corporate); Michelle Lally and Matt Anderson (competition); Anthony Devir, Jon Marin and Julien Ranger-Musiol (pensions); Kim Wharram and Alain Fournier (tax); Nicole Cloutier (real estate); and Joyce Bernasek and Ryan Therrien (banking).