Colas Completes the Acquisition of the Miller McAsphalt Group
|Areas||Commercial Real Estate, Competition, Antitrust and Foreign Investment, Corporate and Commercial, Environmental Law, Mergers and Acquisitions, Tax|
Goodmans represented Miller McAshphalt Group in the completion of its acquisition by Colas Canada on February 28, 2018. The Miller McAsphalt Group is a major player in road construction and bitumen distribution in Canada, with a strong foothold in Ontario.
This transaction is part of Colas’ long-term strategy to continue its development in North America. The North American market has strong growth prospects given the significant construction and maintenance needs for transportation infrastructure. The acquisition of Miller McAsphalt will allow Colas Canada to expand its geographic coverage, strengthening its presence in Ontario and significantly increasing its bitumen storage and distribution capacity across Canada.