Mergers and Acquisitions

Promark Electronics Inc. in its acquisition by Electrical Components International

Promark Electronics Inc.
Key Contact
Eric M. Levy

Partner, Corporate, Toronto

Team
Mélanie Séguin

Assistant-Manager, Corporate Services, Montréal

Jean-Philippe Dionne

Associate, Tax, Montréal

Manon Thivierge

Partner, Tax, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Calvin Leung

Partner, Emerging and High Growth Companies, Montréal

Véronique Fortin-Latreille

Associate, Corporate, Montréal

Matthew T. Oliver

Partner, Corporate, Montréal

Caroline Stephens

Associate, Real Estate, Montréal

 

On July 6, 2021, Electrical Components International announced its acquisition of Promark Electronics Inc. The transaction allows Promark to accelerate its growth in the e-mobility market and expand its manufacturing operations in Montreal. The acquisition also provides the company with the ability to meet increasing demands for commercial electric vehicles.

Promark Electronics Inc. is an electronics manufacturer specializing in wire harnesses and cable and electromechanical assemblies for electric vehicles.

Electrical Components International is a global supplier of wire harness, electrical components and sub-assembly materials for industrial markets.

Osler, Hoskin & Harcourt LLP advised Promark Electronics Inc. with a team consisting of Eric Levy, Matthew Oliver, Calvin Leung, Véronique Fortin-Latreille, Mélanie Séguin (Corporate), Manon Thivierge, Jean-Philippe Dionne (Taxation), Julien Ranger (Employment and Labour) and Caroline Stephens (Real Estate).

Value
-
Date Closed
July 6, 2021
Lead Office
Montreal
Key Contact
Eric M. Levy

Partner, Corporate, Toronto

Team
Mélanie Séguin

Assistant-Manager, Corporate Services, Montréal

Jean-Philippe Dionne

Associate, Tax, Montréal

Manon Thivierge

Partner, Tax, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Calvin Leung

Partner, Emerging and High Growth Companies, Montréal

Véronique Fortin-Latreille

Associate, Corporate, Montréal

Matthew T. Oliver

Partner, Corporate, Montréal

Caroline Stephens

Associate, Real Estate, Montréal