Cie Normand has been acquired by Metal Pless
September 2020 — The current owners of Cie Normand Ltd., the fifth generation of Normand brothers, have sold the company to Metal Pless Inc.
Cie Normand is a Canadian specialist in industrial snow removal equipment, with distribution in North America and Europe. Established in 1857, the company has been owned by its founding family throughout its 163-year-long history.
Metal Pless designs, manufactures and distributes snow plows and pushers. The company’s products include tractors, wheel loaders, skid steers, backhoes, sidewalk vehicles and graders. At the helm of Metal Pless is a visionary serial entrepreneur who is building a distinguished Canadian leader in snow-related services, technologies and industrial equipment through acquisitions.
Our role in the transaction
Oaklins’ team in Canada successfully managed a sell-side auction process on behalf of the Normand brothers. In doing so, the team further demonstrated its unique expertise in family business transition. These are emotionally-charged processes in which Oaklins excels, where value maximization matters nearly as much as the preservation of the business culture and stakeholders’ respect.
Talk to the deal team
Related deals
Gramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn moreGVS has completed a voluntary partial tender offer for its own shares
GVS S.p.A. has completed a voluntary partial public tender offer for 12.3% of its own share capital.
Learn moreSECAL has been acquired by VINCI Energies
SECAL has been acquired by VINCI Energies to strengthen its lifting services offering and expand its capabilities across strategic industrial markets. This acquisition also provides SECAL with access to new markets and growth opportunities, particularly in the environment, aerospace and rail sectors.
Learn more