McKay Métis acquires Athabaska Corp. assets for $21 million

McKay Métis Contracting LP acquired the assets of Athabaska Corp. and its subsidiaries, also known as Roughrider International, in a $21-million deal heralded as one of the first of its kind for Indigenous businesses.

Roughrider is an energy services company based in Fort McMurray, Alta., specializing in managing, distributing, and storing diesel and lubricants in the oil sands region of the province.

McKay Métis Contracting LP, which is beneficially owned by the Fort McKay Métis Nation, will welcome 140 Roughrider staff as part of the transaction.

MLT Aikins lawyer Billie Fortier was counsel to McKay Métis Contracting LP for this transaction and advised the McKay Métis Group on general corporate commercial and transactional matters, including its corporate structure, setting up new corporations and partnerships, and acquiring new companies and assets.

Lawyer(s)

Billie Fortier

Firm(s)

MLT Aikins LLP