Gentherm Inc. acquires Etratech Enterprises for US$64 million

On November 1, 2017, Gentherm Inc. completed its US$64 million cash acquisition of Etratech Enterprises, Inc.  

Gentherm is a global market leader and developer of innovative thermal management technologies and Etratech is a Burlington, Ont.-based company that specializes in the design, development, and manufacturing of advanced electronic controls and control systems for major multinational companies. 

McMillan LLP acted as legal counsel to Gentherm with Gentherm’s General Counsel, Ken Philips, and was involved in all aspects of the transaction. The McMillan team was led by Bruce Chapple and included Sean Brandreth, Julia Loney, Mikolaj Niski (corporate), Michel Ranger (tax) and Kyle Lambert (employment). 

Minden Gross LLP acted for Etratech Enterprises Inc. and its shareholders, including The Shotgun Fund, with a team led by Brian Temins that included Benjamin Bloom, Alexandra (Sasha) Toten and Jessica Thrower (corporate), Samantha Prasad (tax) and Tracy Kay (employment). Michael McHugh of McHugh Whitmore LLP, and Jason (Jake) Bullen and Nicola Geary of Cassels Brock & Blackwell LLP, acted as legal counsel to certain of the shareholders of Etratech Enterprises Inc.