Mecachrome International Inc. completes second-largest Canadian IPO in Canada
Date Closed
October 19, 2007
Lead Office
Montréal
On October 19, 2007, Mecachrome International Inc. completed its initial public offering of 14,687,500 subordinate voting shares, which was been priced at £14 per share on October 12, 2007. Gross proceeds raised in this offering amount to £205.6 million. Mecachrome is a leader in the design, engineering, manufacture and assembly of complex precision-engineered components for aircraft and automotive applications. RBC Capital Markets and Merrill Lynch Canada Inc. served as joint book runners with BMO Nesbitt Burns Inc., Scotia Capital Inc., UBS Securities Canada Inc., TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc. and Orion Securities Inc. serving as co-managers for the offering.
McCarthy Tétrault advised the underwriters with a team led by Clemens Mayr that also included Frédéric Cotnoir, Philippe Fortier, Ylang Ha and Julien Saulgrain.