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New Deal


Announced

Completed

CDPQ and the Fonds de solidarite completed the acquisition of Canam Group from American Industrial Partners for c. C$840m.

Financials

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Transaction Value£494m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Steel Producers

Acquisition

Majority

Canada

Friendly

Private

Private Equity

Iron and Steel

Cross Border

Completed

Single Bidder

Synopsis

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Caisse de dépôt et placement du Québec, a Canadian pension plan and the Fonds de solidarite, a development capital fund, completed the acquisition of Canam Group, an industrial company that designs and fabricates construction products and solutions, from American Industrial Partners, a private equity firm, for C$840m ($643m). “This transaction will repatriate control of the company to Québec and allow it to continue expanding, guided by its strong entrepreneurial culture. We are delighted to continue working with the Dutil family and support Groupe Canam, a partner of over 25 years,” Charles Émond, CDPQ Executive Vice-President of Private Equity and Strategic Planning.

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