Covertech acquired by Balcan

01 October 2020

On October 1, 2020, Balcan Plastics ("Balcan") acquired Covertech Fabricating Inc. ("Covertech" or the "Company").

Covertech, based in Toronto, Ontario, is a leading full-service provider of top-quality, high performance insulation, film and flexible packaging products used in a variety of end market applications. Equipped with a robust portfolio of premium products and manufacturing capabilities, the Company provides premier service for its long-standing and expansive customer base. 

Balcan, headquartered in Montreal, Quebec, is a leading Canadian integrated manufacturer of custom film and flexible packaging solutions with broad technical and production capabilities. 

Gowling WLG advised Covertech in this transaction with a team that included David Petras, Sean Gomes, Stephanie Hayes, Duncan Snyder and Adam Carlin (corporate/M&A); Paul Carenza and Ted Thiessen (tax); Rosa Lupo and Christina Pawliszyn (real estate); and Heather Hoff (intellectual property).

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