Leavitt Machinery Acquires Materials Handling Business of Finning and Interior Lift Truck Services ($63 million)

In October 2001, Leavitt Machinery and Rentals Ltd. acquired the materials handling business carried on by Finning (Canada), a division of Finning International Inc., and Interior Lift truck Services Inc., a wholly owned subsidiary of Finning International Inc., for approximately $63 million. Rand Lonsdale of Lonsdale Law Office (Surrey, British Columbia) acted as counsel for Leavitt Machinery, with competition counsel from François Tougas and Sandra Knowler from Lang Michener’s Vancouver office. Jeff Thomas from Borden Ladner Gervais LLP acted for Finning International Inc.