Viterra And Montreal Port Authority Reach Lease And Operation Agreement

On April 21, 2011, Viterra Inc., a Canadian headquartered, global agri-business and the Montreal Port Authority (MPA), operators of the Port of Montreal, a diversified transshipment centre, announced that they have signed a definitive agreement for Viterra to lease and operate the MPA Grain Terminal.

The MPA Grain Terminal is a Canadian Grain Commission licensed transfer elevator which operates year round and has a storage capacity of 262,000 metric tonnes. The terminal is located in the deepest inland seaport in North America and has direct access to both CN and CP rail networks.

The agreement was signed following a selection process led by the MPA, and successful due diligence conducted by Viterra. Financial terms of the transaction were undisclosed.

Viterra was represented internally by Sandra Swystun, Senior Counsel. Ogilvy Renault LLP represented Viterra in negotiating the lease and operations agreement, as well as for various related employment matters. Ogilvy Renault's team was led by Nicolas Labrecque and composed of Marie-Claude Mailloux (real estate and commercial); Carole Gélinas (real estate) and Patrick Galizia and Philippe Levac (employment and labour).

MPA was represented internally by Jean Mongeau, Vice President Legal and Secretary. Fraser Milner Casgrain LLP acted as external counsel to MPA with a team comprising Gil Rémillard and Mireille Cloutier.


Marie-Claude Mailloux Mireille Cloutier Philippe Levac Sandra C. Swystun Nicolas Labrecque Patrick Galizia Jean Mongeau