On April 29, 2016, Unique Fabricating, Inc. completed its acquisition of Intasco Corporation for aggregate consideration of approximately $27,500,000. Under the asset and share purchase agreement entered into in respect of the transaction, Unique Fabricating indirectly acquired substantially all of the assets of Intasco Corporation and all of the outstanding capital stock of Intasco-USA Inc., Intasco’s US affiliate. In connection with the acquisition, Unique Fabricating entered into a US$62,000,000 senior credit facility with Citizens Bank and a syndicate of lenders.
Unique Fabricating is a leader in the engineering and manufacture of multi-material foam, rubber and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications.
Sills Cummis & Gross P.C. acted as US counsel to Unique Fabricating with a team consisting of Ira Rosenberg, Steven Wasserman, Lori Waldron, Kevin Shah and Kaitlin Jenkins (corporate & commercial), Diane Lavenda (banking) and Phil Markowitz (real estate). Davies Ward Phillips & Vineberg LLP acted as Canadian counsel to Unique Fabricating with a team consisting of Robert Murphy, Gilles Comeau and Faraz Siddiqui (corporate & commercial, banking), Chris Anderson (tax), Pawel Mielcarek (real estate) and Jessica Bullock (employment).
McKenzie Lake Lawyers LLP represented Intasco with a team consisting of Donald Bryant and James Elsley (corporate and commercial, real estate) and Sarah Low (employment). Touma, Watson, Whaling, Coury & Stremers, P.C. acted as US counsel to Intasco with a team including S. Doug Touma (corporate & commercial).