Opérations et transactions|1 octobre 2013
Ares Management and Ontario Teachers' Pension Plan announce closing of CPG International Inc.
Torys acted as counsel to Ontario Teachers' Pension Plan Board with a team that included Jay Romagnoli, John Cameron and Jamie Beal (corporate/M&A), Jonathan Wiener (financing) and Peter Keenan (tax).
On October 1, 2013, Ares Management LLC (Ares) and Ontario Teachers' Pension Plan (Teachers') announced the completion of the acquisition of CPG International Inc. (CPG). The transaction, which closed approximately six weeks after the Ares and Teachers' agreed to acquire CPG, was first announced on August 19, 2013. Immediately after the transaction closed, CPG International Inc. was converted into a limited liability company and now known as CPG International LLC.
CPG is a manufacturer of highly engineered low-maintenance building materials designed to replace wood, metal and other traditional materials in a variety of building applications.
http://www.otpp.com/home, headquartered in Toronto, is the largest single-profession pension plan in Canada.
Ares is a global alternative asset manager and SEC registered investment adviser with approximately US$66 billion of committed capital under management
Further information can be found on Teachers' website.
CPG is a manufacturer of highly engineered low-maintenance building materials designed to replace wood, metal and other traditional materials in a variety of building applications.
http://www.otpp.com/home, headquartered in Toronto, is the largest single-profession pension plan in Canada.
Ares is a global alternative asset manager and SEC registered investment adviser with approximately US$66 billion of committed capital under management
Further information can be found on Teachers' website.