1663439 Alberta Ltd. sells 50% ownership stake in Cougar Contractors Ltd. and 2126178 Alberta Ltd.

1 minute read
23 June 2023
Client work

Team:

Frank Sur, Simanpreet Panaych, Zafar Jaffer, Melanie Condic, Andrew Miles, Chris Dennehy, Matthew Morris, Carl Hinzmann

On June 23, 2023, 1663439 Alberta Ltd. sold its 50% ownership stake in Cougar Contractors Ltd. and 2126178 Alberta Ltd. to Almeida Investment Management Inc. of Calgary, Alberta.

As a result of this transaction, Almeida Investment Management now owns a 100% of both Cougar Contractors Ltd. and 2126178 Alberta Ltd.

Cougar Contractors Ltd., based in Calgary, provides construction management and project management services. 2126178 Alberta Ltd. owns real estate. 

Gowling WLG advised the seller in this transaction with a team that included Frank Sur, Simanpreet Panaych, Zafar Jaffer, Melanie Condic and Andrew Miles (corporate), Chris Dennehy and Matthew Morris (banking), and Carl Hinzmann (tax), assisted by student-at-law Robyn Macdonald.

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Related   Real Estate, Financial Institutions & Services, Construction & Engineering, Mergers & Acquisitions, Corporate Commercial, Real Estate, Tax

Team

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