Builders' Supplies Limited target of cross-border acquisition

On Feb. 7, 2019, US-based Foundation Building Materials, Inc. (NYSE: FBM) announced its cross-border acquisition of Builders' Supplies Limited of Mississauga, Ontario.

Builders' Supplies is a key distributor of industrial and commercial building materials in the Greater Toronto market with yards in Mississauga, Brampton, Scarborough and Cambridge, Ontario.

Gowling WLG advised Builders' Supplies in this transaction with a team that included Chris Eustace (corporate/M&A), Paul Carenza and Mariam Al-Shikarchy (tax), Susan Rosen (real estate), Neil Abbott (construction), Neena Gupta (employment), assisted by corporate law clerk Charmaine Craig.