Latest Posts Under: Canada

Kirkland Lake Gold to acquire Detour Lake gold mine owner Detour Gold

Kirkland acquisition of Detour Gold : Kirkland Lake Gold has signed a CAD 4.01 billion ($3.01 billion) deal to acquire rival Canadian gold mining company Detour Gold, as per the latest mining acquisition news. Based in Toronto, Detour Gold is a mid-tier gold producer, which has a 100% stake in the Detour Lake gold mine […]

Transition Metals Corp acquires Fostung tungsten property in Ontario

Transition Metals Corp has acquired a 100% stake in the Fostung tungsten property located near the town of Espanola about 70 kilometres southwest of Sudbury in Ontario, Canada, as per the latest mining acquisition news. The Fostung Property hosts a historic tungsten trioxide (WO3) skarn resource. In 2007, the resource was stated to hold an […]

Parity Technology acquires hotel solutions provider Hotspot International

Hospitality technology company Parity Technology Solutions has acquired Hotspot International, a hotel solutions provider for an undisclosed price, in a move to bolster its position in the hospital technology industry. Hotspot International provides turnkey solutions in Mexico, the US, Central America, and the Caribbean. The company is engaged in offering High-Speed Internet Access (HSIA) and […]

SBD Capital to acquire Canadian cannabis beverage company Drip Beverages

SBD Capital acquisition of Drip Beverages : SBD Capital, a publicly-traded company, has issued a non-binding letter of intent to acquire Canada-based cannabis beverage and lifestyle brand Drip Beverages, as per the latest drinks acquisition news. The proposed acquisition of Drip Beverages will help SBD Capital foray into the cannabis beverage industry and further reinforce […]

Maroon Group buys specialty chemicals distributor Cambrian Solutions

Maroon Group acquisition of Cambrian Solutions : Maroon Group, backed by CI Capital Partners, has acquired Cambrian Solutions, an Ontario, Canada-based specialty ingredients and chemicals distributor, increasing the former’s North American presence. Cambrian Solutions, which was founded in 1995, provides specialty ingredients and chemicals to customers in the natural and organic; food; household, industrial, and […]

Maroon Group buys specialty chemicals distributor Cambrian Solutions

Maroon Group acquisition of Cambrian Solutions : Maroon Group, backed by CI Capital Partners, has acquired Cambrian Solutions, an Ontario, Canada-based specialty ingredients and chemicals distributor, increasing the former’s North American presence. Cambrian Solutions, which was founded in 1995, provides specialty ingredients and chemicals to customers in the natural and organic; food; household, industrial, and […]

Everest Insurance takes full ownership of Canadian IT firm Salus Systems

Everest Insurance has taken full ownership in Canadian IT company Salus Systems by acquired the stake it previously didn’t own in the latter, as per the latest insurance acquisition news. Salus Systems was founded in January 2017 by Charter Partners Community and Everest Insurance’s parent company Everest Reinsurance. The Canadian IT company develops and markets […]

Cascades acquires Orchids Paper Products assets for US$207m

Cascades acquisition of Orchids Paper Products assets : Cascades, a Canadian packaging and tissue producer, has acquired all of the assets of US-based Orchids Paper Products for a cash consideration of US$207 million, financed by the company’s credit facilities, as per the latest packaging industry news. Orchids Paper Products specializes in manufacturing a range of […]

Shopify to acquire US warehouse automation company 6 River Systems

Shopify acquisition of 6 River Systems : Canadian e-commerce company Shopify has agreed to acquire outstanding securities of US warehouse automation company 6 River Systems in a transaction valued at approximately US$450 million. The acquisition of 6 River Systems will add cloud-based software and collaborative mobile robots Chuck to the recently introduced Shopify Fulfillment Network. […]

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