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SMS Construction and Mining Systems sells SMS Rents to G. Cooper Equipment Rentals

Fasken
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Overview

Client

SMS Construction and Mining Systems

On November 3, 2015, SMS Construction and Mining Systems Inc. announced the sale of its subsidiary, SMS Rents, to G. Cooper Equipment Rentals Limited (Cooper). SMS Rents, a member of the Sumitomo Corporation Group, is a major Canadian construction equipment rental business with over 200 employees and 15 branches located across Ontario and Quebec. SMS Rents offers service to clients in several industries, including building constriction, infrastructure development, demolition, landscaping, industrial maintenance and mining. Cooper is a leading compact equipment rental company in the Greater Toronto Area, operating six full service equipment rental locations from Burlington to Scarborough. The combination of these two companies creates a strong Canadian business of considerable scale and gives Cooper new business exposure in Québec. Fasken Martineau advised SMS Construction and Mining Systems Inc. on the sale with a team that included Scott Conover and Jack Yu (Corporate/M&A), Andrew Nunes (Technology), Ronald Nobrega, Paul Casuccio and Thomas Brook (Tax), Katherine Pollock, Alix Herber and Marc Rodrigue (Employment), Ross Gascho (Benefits/Pension), Rosalind Cooper (Environmental) and Robert Iaccino (Real Estate).

Team

  • Scott Conover, Partner | Corporate/Commercial, Toronto, ON, +1 416 865 4548, [email protected]
  • Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, [email protected]
  • Andrew S. Nunes, Partner | CO-LEADER, TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS, Toronto, ON, +1 416 865 4510, [email protected]
  • Ronald Nobrega, Partner | Tax Law, Toronto, ON, +1 416 865 4399, [email protected]
  • Paul V. Casuccio, Partner | Commodity VAT & Tax, Toronto, ON, +1 416 868 3491, [email protected]
  • Ross A. Gascho, Counsel | Pensions and Benefits, Toronto, ON, +1 416 865 5447, [email protected]
  • Rosalind H. Cooper, Partner | Environmental, Toronto, ON, +1 416 865 5127, [email protected]
  • Robert Iaccino, Partner | Real Estate Law, Toronto, ON, +1 416 868 3445, [email protected]
Scott Conover Toronto Lawyer Scott Conover Partner | Corporate/Commercial Toronto, ON +1 416 865 4548
Jack Yu Toronto Lawyer Jack Yu Partner | CO-LEADER, CHINA PRACTICE GROUP Toronto, ON +1 416 868 3457
Andrew Nunes Toronto Lawyer Andrew S. Nunes Partner | CO-LEADER, TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS Toronto, ON +1 416 865 4510
Paul Casuccio Toronto Lawyer Paul V. Casuccio Partner | Commodity VAT & Tax Toronto, ON +1 416 868 3491
Ross Gascho Toronto Lawyer Ross A. Gascho Counsel | Pensions and Benefits Toronto, ON +1 416 865 5447
Rosalind Cooper Toronto Lawyer Rosalind H. Cooper Partner | Environmental Toronto, ON +1 416 865 5127
Robert Iaccino Toronto Lawyer Robert Iaccino Partner | Real Estate Law Toronto, ON +1 416 868 3445