On August 24, 2001, CAE Inc. completed the acquisition from Schreiner Luchtvaart Groep BV of the Netherlands of all the shares of Schreiner Aviation Training BV for a purchase price of approximately $260 million. CAE is the world's provider of simulation and control technologies for training and optimization solutions in aerospace, defence and forestry.
CAE was represented by a Stikeman Elliott team comprised of Rockey Delfino, Stuart Carruthers and Darren Littlejohn (corporate) and Paul Collins (competition), assisted by Frank Leijdesdorff and Claudine Goedel of Loyens & Loeff in Amsterdam. Arie Schaberg and Katelijne van Hassel of De Brauw Blackstone Westbroek in Amsterdam represented Schreiner.
CAE was represented by a Stikeman Elliott team comprised of Rockey Delfino, Stuart Carruthers and Darren Littlejohn (corporate) and Paul Collins (competition), assisted by Frank Leijdesdorff and Claudine Goedel of Loyens & Loeff in Amsterdam. Arie Schaberg and Katelijne van Hassel of De Brauw Blackstone Westbroek in Amsterdam represented Schreiner.