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Intertape Polymer acquires Cantech for US$67 million

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Intertape Polymer Group

On July 3, 2017, Intertape Polymer Group Inc. (TSX:ITP), a leading manufacturer of packaging products and machinery, announced the completion on July 1, 2017 of its acquisition of substantially all of the assets of Canadian Technical Tape Ltd. a privately-owned North American supplier of industrial and specialty tapes based in Montreal, for an aggregate purchase price of approximately U$67 million.

Fasken Martineau advised IPG with a team led by Neil Kravitz that included Constantinos Ragas, Simon Bisson, Claude Jodoin, Magali Cournoyer-Proulx, Ralph Nero, Dominique Monet, Mariella Lo Pappa, Maria Holder, Sara Reid, Caleigh Caplan, Pierre-Olivier Charlebois and Rosalind H. Cooper.