Press Release

Morgan Lewis Advises Transcontinental Inc. in US$80M Ultra Flex Packaging Corp. Acquisition

September 24, 2015

NEW YORK, September 24, 2015: Morgan Lewis represented Canadian printer Transcontinental Inc. (TSX: TCL.A TCL. B) in its acquisition of flexible packaging supplier Ultra Flex Packaging Corp. 

The agreement was announced on September 1, 2015, and is expected to close before the end of October 2015. The transaction is valued at US$80 million to be paid in cash at closing plus an additional consideration payable subject to attaining pre-established financial targets. 

The Morgan Lewis team advising Transcontinental Inc. was led partner Richard Aldridge and associate Andrew Mariniello. Support was provided by partners Patrick Rehfield, Judith Walkoff, Harry Robins, Paul Gordon, of counsel Eric Marcuson and Michael Lignowski, senior attorney. Associates Casey August and Martin d’Halluin also assisted with the transaction.

A press release distributed by Transcontinental Inc. can be read here.