Supremex Inc. mailed its formal takeover offer to the holders of common share of CML Industries Ltd. on June 13, 2000. The offer, which is being made through a wholly-owned subsidiary, 1418245 Ontario Inc., is pitched at a price of $6.00 per common share, valuing the deal at approximately $25 million.
McCarthy Tétrault is representing Supremex with Martine Kaigle, Patrick Boucher and Benoit Dionne leading the team. Stephen K. Young of Aird & Berlis is representing CML. In-house counsel for Supremex is G.E. (Ted) Creber, Q.C.