30 LEXPERT MAGAZINE
|
SEPTEMBER 2016
Kelt also announced the completion of
its private placement offering to certain di-
rectors, officers and employees of the Com-
pany, along with certain other subscribers,
on a non-brokered basis, of an additional $15
million principal amount of Debentures at a
price of $1,000 per Debenture.
Kelt was represented by Borden Ladner
Gervais LLP with a team led by William
Guinan and including Louise Lee, Lloyd
McLellan, Ravi Latour and Scott Robson
(securities), Lindsay Holmes and Richard
Eisenbraun (tax).
Burnet, Duckworth & Palmer LLP rep-
resented the Underwriters with a team led by
Steven Cohen and including Jessica Brown
and Shanlee von Vegesack.
UNIQUE FABRICATING
ACQUIRES INTASCO
CLOSING DATE: APRIL 29, 2016
On April 29, 2016, Unique Fabricating, Inc.
completed its acquisition of Intasco Corp.
for aggregate consideration of approximately
$27.5 million.
Under the asset and share purchase agree-
ment entered into in respect of the transac-
tion, Unique Fabricating indirectly acquired
substantially all of the assets of Intasco Cor-
poration in addition to all of the outstanding
capital stock of Intasco-USA Inc., Intasco's
US affiliate.
In connection with the acquisition,
Unique Fabricating entered into a US$62-
million senior credit facility with Citizens
Bank and a syndicate of lenders.
Unique Fabricating is a leader in the engi-
neering and manufacture of multi-material
foam, rubber and plastic components utilized
in noise, vibration and harshness, acoustical
management, water and air sealing, decora-
tive and other functional applications.
Intasco Corp. provides cutting edge tape
products to the automotive and manufactur-
ing industries worldwide. e company is a
3M Preferred Converter.
Intasco has facilities in London, Ontario,
and Port Huron, Michigan. It was estab-
lished in 1975.
Sills Cummis & Gross P.C. acted as US
counsel to Unique Fabricating with a team
consisting of Ira Rosenberg, Steven Wasser-
man, Lori Waldron, Kevin Shah and Kaitlin
Jenkins (corporate & commercial), Diane
Lavenda (banking) and Phil Markowitz (real
estate). Davies Ward Phillips & Vineberg
LLP acted as Canadian counsel to Unique
Fabricating with a team consisting of Robert
Murphy, Gilles Comeau and Faraz Siddiqui
(corporate & commercial, banking), Chris
Anderson (tax), Pawel Mielcarek (real estate)
and Jessica Bullock (employment).
McKenzie Lake Lawyers LLP represent-
ed Intasco with a team consisting of Donald
Bryant and James Elsley (corporate and com-
mercial, real estate) and Sarah Low (employ-
ment). Touma, Watson, Whaling, Coury
& Stremers, P.C. acted as US counsel to In-
tasco with a team including S. Doug Touma
(corporate & commercial).
BIG DEALS
