Transactions & Cases Detail



Transaction/Case Details

Avensys acquires Willer Engineering

DATE CLOSED

March 31, 2008

BUSINESS SECTOR

Technology

LEAD OFFICE

Montreal

VALUE

705 Thousand CAD


OVERVIEW

On March 31, 2008, Avensys Inc., a leading manufacturer and distributor of fiber optic components and integrator of instrumentation and turn-key systems for environmental monitoring, and a wholly owned subsidiary of Avensys Corporation, announced the closing of its acquisition of the assets and liabilities of Willer Engineering Limited, a privately-held instrumentation solutions, products and service company based in Toronto, Canada.  Upon the close of the acquisition, the assets of Willer Engineering will be merged with Avensys Inc.'s environmental instrumentation division, Avensys Environmental Solutions.

Avensys Inc., through its manufacturing division Avensys Technologies, designs, manufactures, distributes, and markets high reliability optical components and modules as well as FBGs for the telecom market and high power devices and sub-assemblies for the industrial market.

McCarthy Tétrault LLP advised Avensys with a team led by Sonia Struthers

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