Skip to main content
This website uses cookies. By continuing to use this website you are agreeing to our use of cookies as described in our privacy policy.
Client Work

Klöckner sells Canadian subsidiary Namasco to Samuel, Son & Co.

Fasken
Reading Time 1 minute read Subscribe
Client

Klöckner & Co

On July 8, 2008, Klöckner & Co concluded the sale of its Canadian subsidiary Namasco Ltd. to Samuel, Son & Co. Ltd. The sale had been approved by Canadian antitrust officials. Namasco Ltd. processes flat-rolled metal products for the North American automotive industry. The core business of the Klöckner & Co Group does not include activities of this nature with automotive related customers but rather the storage and distribution of steel and non-ferrous metals. Fasken Martineau advised Klöckner and Namasco in this sale with a team led by Scott Conover and that included, among others, Doug New and Mark Magro (competition and Investment Canada), Ron Nobrega (tax), Rick Johnston (pensions) and Alix Herber (employment).

    Subscribe

    Receive email updates from our team

    Subscribe