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Transportation M&A image Transportation M&A » By The Online Investor Staff, updated Tue., Apr. 13, 8:47 AM Recent mergers and acquisitions in the Transportation M&A category.

Slide #10. TerraVest Capital Inc. Clarke commercial tank and home heating business

Acquirer: TerraVest Capital Inc.
Acquiree: Clarke commercial tank and home heating business (TSE:CKI.CA)
Details: Clarke Inc. ("Clarke") (TSX: CKI CKI.DB.A) announced today the successful completion of the sale of its commercial tank and home heating business ("Gestion Jerico") to TerraVest Capital Inc. ("TerraVest"). Clarke received $24.9mn for its 75% interest in Gestion Jerico in the form of a 6.5% promissory note with a 3-year term. The acquisition was first announced on January 30, 2014.



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Company Name: 
Clarke Inc
Website: 
www.clarkeinc.com
Sector: 
Airlines
 

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