On May 27, 2021, Canlak Inc., a Canadian coatings company, announced it has entered an agreement to be acquired by SK Capital Partners, L.P., a private investment firm with a disciplined focus on the specialty materials, chemicals and pharmaceuticals sectors.
Following this transaction, SK Capital Partners plans to merge Canlak with a US-based company, Valentus Specialty Chemicals, another of their portfolio companies, to form a premier North American wood coatings company called Canlak Coatings.
Canlak Inc., SK Capital Partners and Valentus Specialty Chemicals are working together to execute the transaction, which will result in a seamless transition for customers and suppliers.
A Fasken team composed of Patrice Vachon, Janie Harbec, Jean-Philippe Therriault, Émilie Clairoux and Laura Fabi advised Canlak Inc. in connection with this transaction.
Jurisdiction
- Québec
