BOC Canada Acquires Air Products Canada

On April 1, 2003, BOC Canada Limited in Mississauga, Ontario, a member of Brampton, Ontario-based The BOC Group, acquired the assets of Air Products Canada Ltd. The purchase price was $65 million, with $60 million paid on closing and $5 million to be paid in instalments within three years of the closing provided certain performance criteria are met. The acquired assets include filling plants located in Quebec, Ontario and Alberta.

BOC was represented by in-house counsel John Walsh, Brian Walsh, Dean Coates, Jim Blake and Marc Holzapfel, assisted by Blake, Cassels & Graydon LLP with a team that included Brian Westlake, Andrea Freund and Linda Lam (corporate), Glenn Leslie and Ben Little (competition), Ron Richler (tax), Richard Dawson, Iris Tam and St├ęphane Lalande (real estate), Allan Gelkopf and Robert Kreklewich (commodities tax) and Andrea York (employment).

Air Products was represented by in-house counsel John Stanley, and by Osler, Hoskin & Harcourt LLP with a team that included Stephen Arnold and Sivan Fox (corporate) and Peter Glossop and Anna Balinsky (competition).