Parrish & Heimbecker Limited completes acquisition of 50% of Cargill Limited's Thunder Bay, Ontario grain terminal

Date Closed: 5/31/2013

Value: Undisclosed

On May 31, 2013, Parrish & Heimbecker, Limited completed the acquisition of 50 per cent of Cargill Limited’s existing Thunder Bay, Ontario grain terminal. In order to effect the transaction, Cargill sold its existing Thunder Bay grain terminal assets to a new joint venture (Superior Elevator ULC) that is equally owned by P&H and Cargill.

BLG represented P&H and Superior Elevator ULC with a team consisting of Steve Suarez (Tax), Alfred L.J. Page and Andrew Bunston (corporate, M&A), Rick Coburn (Environmental), Stephanie Campanaro (Real Estate), Rob Weir (Employment and Labour) and Sonia Mak (Pensions).