Transportation and Logistics Transportation and Logistics

Ferrovial SE in its acquisition of an additional 5.06% stake in 407 International Inc. from AtkinsRéalis for approximately $1.99 billion

On June 6, 2025, Ferrovial SE announced its acquisition of an additional 5.06% stake in 407 International Inc. (407), from AtkinsRéalis for approximately $1.99 billion. Ferrovial acquired an initial 3.3% stake on June 6, 2025, and a further 1.76% stake on June 11, 2025, pursuant to a call option....

Lead Office: Toronto Date Announced: June 6, 2025 Value: $1.99 billion

IronSight in its acquisition by Kabal

On April 29, 2025, IronSight announced that it has been acquired by Kabal. Collectively, the companies will create a fully integrated logistics solution ranging for both offshore and onshore operations. Through utilizing Kabal’s strong expertise in managing complex offshore logistics and...

Lead Office: Calgary Date Announced: April 29, 2025 Value: --

Alexander & Blake Limited in its acquisition by Lauritzen Bulkers A/S

On March 6, 2024, it was announced that Alexander & Blake Limited was acquired by Lauritzen Bulkers A/S, a global Danish shipping company founded in 1884. This transaction was Lauritzen’s first acquisition in Canada.  Alexander & Blake Limited is a Canadian-owned and...

Lead Office: Toronto Date Announced: March 6, 2025 Value: --

Purolator in its acquisition of Livingston International

On February 4, 2025, Purolator announced the completion of its acquisition of Livingston International, an international trade services firm that is one of the largest customs brokers in North America and also specializes in global freight forwarding and trade consulting, from Platinum...

Lead Office: Toronto Date Closed: February 4, 2025 Value: --

Highland Electric Fleets in connection with its $50 million credit facility with the Canada Infrastructure Bank.

On May 8, 2024, Canada Infrastructure Bank (CIB) announced that it has reached a financial close on a loan facility with Highland Electric Fleets (Canada) ULC worth up to $50 million to help finance the supply of Zero Emission Buses to school boards across Canada. Highland Electric Fleets intends...

Lead Office: Toronto Date Announced: May 8, 2024 Value: $50 million

Metro Supply Chain in its acquisition of SCI Group Inc.

On January 9, 2024, Metro Supply Chain announced it entered into an agreement to acquire SCI Group Inc. from Canada Post and Purolator Holdings Ltd. With this acquisition, Metro Supply Chain’s position will be strengthened for offering contract logistics services. The combined entities will...

Lead Office: Montreal Date Announced: January 9, 2024 Value: -

Nieuport Aviation in obtaining a judgment of over $130 million against Porter Airlines in the case of Porter Airlines Inc. v. Nieuport Aviation

Osler acted for Nieuport Aviation, the owner of the terminal at Billy Bishop Toronto City Airport, in obtaining a judgment of over $130 million against Porter Airlines in the case of Porter Airlines Inc. v. Nieuport Aviation. This Commercial List trial was argued over a four-week period in late...

Lead Office: Toronto Date Closed: October 19, 2022 Value: $130 million

The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering

On December 2, 2021, Canadian Pacific Railway Company completed its US$8.45 billion offering of notes in Canada and the US. The proceeds from the offering will be used to fund the acquisition of Kansas City Southern, a US Class 1 railroad based in Kansas City, Missouri, and will create the...

Lead Office: Calgary Date Closed: December 2, 2021 Value: US$8.45 billion

Greater Toronto Airports Authority in its $400 million offering

On October 5, 2021, the Greater Toronto Airports Authority completed its $400 million 3.15% notes offering. The offering was made by a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc., and included National Bank Financial...

Lead Office: Toronto Date Closed: October 5, 2021 Value: $400 million

Dream Industrial REIT in its $850 million European logistics portfolio acquisition and associated financing

On June 24, 2021, Dream Industrial REIT completed its acquisition of an 8.9 million square foot European logistics portfolio. The transaction consists of an acquisition of shares of a corporation owning a portfolio of 31 institutional logistics properties throughout Europe for $850 million....

Lead Office: Toronto Date Closed: June 24, 2021 Value: $850 million