CANADA > Germany based Brenntag is set to expand in Canada by Acquiring the Chemicals Distribution Business of Canada Colors and Chemicals Ltd.

brenntag logo A leader in chemical distribution business, Brenntag has signed an agreement with Canada Colors and Chemicals to acquire the latter company’s chemical distribution business. Colors and Chemicals chemical distribution business serves a diversified customer base in industries such as Life Sciences, Water Treatment, Coatings, Construction, Energy and Mining and offers a full line portfolio with operations in industrial Canada. According More …

CANADA > US based fast food chain Chick-fil-A is expanding to Toronto

chick fil a logo US based Chick-fil-A Inc. is set to expand to Toronto next year. Chick-fil-A is an Atlanta based fried chicken seller and the company plans to open 15 locations in Toronto area over the next five years with three in 2019. Seventh biggest fast food chain in the US by annual sales number, Chick-fil-A plans to experience and learn from Toronto as More …

CANADA > USA based Michelin is set to acquire Canada based Camso for $1.45 billion

michelin logo Michelin is set to invest $1.45 billion for the acquisition of Camso which also makes specialty tires including snowmobile tracks. The deal is expected to generate $55 million in higher sales by 2021 while lowering the expenses. Closely held Camso, which has had sales of $1 billion’s headquarters in Magog, Quebec will be the two companies off road operations center. More …

CANADA > USA based Peloton expands to Europe and Canada

Peloton logo New York based Technology Company that has revolutionized the fitness industry; Peloton is set to embark on global expansion with expansion in Europe and Canada.  Peloton created the category forming indoor cycling bike and the recently announced Peloton Tread and it will expand into the Canadian and European market by selling direct-to-consumer through its website, www.onepeloton.com, as well as owned retail More …

​CANADA > France based Sanofi is set to invest €350 million($433.18 million) in Canadian vaccine facility

Sanofi logo For the construction of a new state of the art vaccine manufacturing facility, Sanofi is investing €350 million($433.18 million) at the Sanofi Pasteur Canadian headquarters in Toronto, Ontario, Canada. Demonstrating Sanofi’s commitment to innovation and leadership in global public health, the investment bolsters Sanofi’s Canada operations. The new investment is the largest ever investment by Sanofi in a single building More …

CANADA > Japan based Softbank Group is set to invest in Canada based lithium company, Nemaska Lithium Inc. acquiring a stake up to 9.9%

softbank-logo SoftBank Group Corp. is set to invest in the Canadian lithium company, Nemaska Lithium Inc. acquiring a stake up to 9.9 % in Nemaska. The Whabouchi mine in Québec, Canada, one of the richest spodumene hard rock lithium deposits in the world, is to be developed by Nemaska which is building a lithium electrochemical plant (refining plant) at Shawinigan, which More …

CANADA > USA based Huntsman Corporation is set to acquire Canada’s Demilec Inc.

huntsman logo One of North America’s leading manufacturers and distributors of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, Demilec Inc. is set to be acquired by USA based Huntsman Corporation. Having annual revenue of approximately $170 million and two manufacturing facilities located in Arlington, Texas and Boisbriand, Quebec, Demilec Inc. produces a full suite of MDI based SPF More …

CANADA > US based Motorola Solutions is set to acquire Avigilon for approximately $1 billion

Motorola logo To enhance Motorola Solutions’ portfolio of mission- critical communication technologies, US based Motorola Solutions is set to acquire all of Avigilon’s outstanding shares for CAD $27 ($21.68) per share which will value the transaction at approximately $1 billion including Avigilon’s net debt. Avigilon designs, develops and manufactures advanced security surveillance solutions, including video analytics, network video management software and hardware, More …