On March 22, 2015, Agropur Cooperative (“Agropur”) reached a strategic agreement with Sobeys to complete a C$356 million asset purchase from Sobeys West Inc., Sobeys Western Leasing Inc. and Sobeys Development Limited Partnership (collectively, “Sobeys”). Agropur acquired Sobeys' dairy manufacturing facilities in Western Canada and entered into several long-term supply arrangements, under which Agropur will supply milk, yogurt, and ice cream to Sobeys, Safeway and IGA stores in Western Canada. Agropur also acquired Sobeys’ “Lucerne” trademark in the transaction.Agropur Cooperative was advised by a team of Fasken Martineau lawyers including Diane Bertrand, Stephen Kerr, Mark Stinson, Laurie Turner, Will Shaw, Reid Crombie and Glen Yamashita (Corporate, M&A), Alain Ranger and Paul Casuccio (Tax), Huy Do and Jack Yu (Competition), and Allison MacInnis and Sarah Batut (Real Estate).
Client Work
Agropur acquires certain assets from Sobeys for C$356 million
Fasken
Reading Time
1 minute read
Overview
Overview
Team
Team
- Stephen B. Kerr, Partner, Toronto, ON, +1 416 865 5141, skerr@fasken.com
- Laurie M. Turner, Partner | CO-LEADER, HEALTH LAW GROUP, Toronto, ON, +1 416 868 3446, lturner@fasken.com
- Will Shaw, Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology, Toronto, ON, +1 416 865 4554, wshaw@fasken.com
- Reid Crombie, Partner, Toronto, ON, +1 416 868 7885, rcrombie@fasken.com
- Alain Ranger, Partner, Montréal, QC, +1 514 397 7555, aranger@fasken.com
- Paul V. Casuccio, Partner, Toronto, ON, +1 416 868 3491, pcasuccio@fasken.com
- Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com
- Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, jyu@fasken.com
- Allison MacInnis, Partner, Vancouver, BC, +1 604 631 3154, amacinnis@fasken.com
- Sarah Batut, Partner, Vancouver, BC, +1 604 631 4954, sbatut@fasken.com
