Report of merger reviews

Changes to the report of concluded merger reviews

As of November 9, 2023, the format of this report has changed and is now being updated weekly rather than monthly for merger reviews commenced and completed in the previous week. Thus, the list will now include ongoing merger reviews.

Below is a searchable list of the Competition Bureau’s ongoing and concluded merger reviews. The list is updated on, or after, the Tuesday of each week for merger reviews commenced and completed in the previous week. The list includes:

  • transactions where a pre-merger notification (PMN) was made under section 114 of the Competition Act (Act);
  • transactions where a request was made for an advance ruling certificate (ARC) under section 102 of the Act; and/or
  • non-notifiable transaction reviews where there is a reasonable prospect of concerns under the Act.

Requests to delay or omit publication of a transaction in the Report will be considered on a case-by-case basis where credible arguments, supported by facts, are made that material harm will result from publication. Such requests must be made in writing and, except in rare cases, should be provided prior to or concurrently with the submission of a PMN filing, an ARC request, or both. Delays or omissions simply because the parties wish to keep the transaction private will not be approved.

For notifiable transactions where an ARC request and uncertified PMNs are submitted together, where requested by the merging parties, the matter will be added to the Report of merger reviews (Report) the Tuesday of the week after the PMNs are certified.

The timing of an ARC request or a PMN filing is in the control of the merging parties and, such timing will often impact when a transaction is published in the Report. As such, in the Bureau’s view, where parties are concerned about the timing of publication of their transaction in the Report, such timing concerns can be considered by the parties in determining when to submit a PMN filing or an ARC request.

For information on reviews concluded prior to April 2023, please contact the Bureau’s Mergers Intelligence and Notification Unit.

Weekly merger reviews concluded
Parties to the Transaction Opened Date Concluded Date Industry ( NAICS *) Outcome**
Henset Capital Inc. / FCR (Hazelton) LP, First Capital Holdings (Ontario) Corporation, and The Hazelton Food Services Partnership 2023-04-18 2023-04-26 5311 ARC
Pure Industrial / TD Asset Management 2023-04-11 2023-04-17 5311 ARC
Crescent Point Resources Partnership / Inception General Partner Inc. and Spartan Delta Corp. 2023-04-05 2023-04-14 2111 ARC
UBS Group AG / Credit Suisse Group AG 2023-04-04 2023-04-25 5221 NAL
Pinnacle International One Lands Inc. / Greenland Lakeside Development Limited Partnership and Greenland Lakeside Development Company Limited 2023-04-03 2023-04-05 5311 ARC
BroadStreet Partners, Inc. and Ontario Teachers’ Pension Plan Board / Wubs (WIGL) Holdings Ltd. and Westland Insurance Group Ltd. 2023-04-14 2023-04-28 5242 NAL
Unimax Ltd. / Stox Distribution Inc. 2023-04-03 2023-04-24 4152 NAL
Steele Auto Group Limited / East Coast International Trucks Inc. 2023-03-31 2023-04-14 4151 ARC
Bank of Montreal / LoyaltyOne, Co. 2023-03-23 2023-04-05 5619 ARC
Cinven Capital Management (VII) General Partner Limited / Master Builders Solutions Canada, Inc. 2023-03-23 2023-04-20 3251 NAL
Platinum Equity Group / Diversey Holdings, Ltd. 2023-03-21 2023-04-04 3259 NAL
Exchange Income Corporation / BVGlazing Systems Ltd. 2023-03-16 2023-04-28 2381 NAL
Xylem Inc. / Evoqua Water Technologies Corp. 2023-03-06 2023-04-25 2213 NAL
Toyota Industries Corporation / Liftow Limited 2023-02-27 2023-04-05 3339 NAL
Exceldor Coopérative / 4285905 Canada Inc. and Volaille Giannone Inc 2023-02-24 2023-04-06 3111 NAL
Smith Financial Corporation / Home Capital Group Inc. 2022-12-12 2023-04-14 5221 NAL
Green Infrastructure Partners Inc. / Aecon Construction and Materials Limited and West Carleton Sand & Gravel Inc 2023-03-20 2023-05-01 2373 NAL
LKQ Corporation / Uni-Select Inc. 2023-03-24 2023-05-08 4152 NAL
Luxinva S.A. / AI Alpine Parent & Cy S.C.A. and INNIO Group Holding GmbH 2023-04-24 2023-05-08 3336 NAL
Hudbay Minerals Inc. / Copper Mountain Mining Corporation 2023-04-24 2023-05-08 2122 ARC
Windsor Parent, L.P. / Univar Solutions Canada Ltd 2023-04-11 2023-05-11 4184 NAL
Penske Automotive Group, Inc. / Transolutions Truck Centres Ltd 2023-05-02 2023-05-12 4411 ARC
GSK plc / BELLUS Health Inc 2023-05-02 2023-05-15 3254 ARC
Mithaq Capital SPC / Aimia Inc 2023-05-10 2023-05-18 5239 NAL
SmartStop Self Storage REIT, Inc. / Esander Selfstorage LP, Cityview Selfstorage LP, Lakeshore Selfstorage LP, Bluebird Sanford Storage LP, Bluebird Ingram Storage LP, NYX Sheridan Storage LP, and NYX Appleby Storage LP 2023-04-21 2023-05-18 5311 NAL
Starlight Acquisitions Ltd. / Hazelview Investments Inc. 2023-05-11 2023-05-24 5311 ARC
BCE Inc. / Groupe Conseil FXInnovation Inc. 2023-05-12 2023-05-26 5415 ARC
Enbridge ACGS Acquisition Inc. / FortisBC Midstream Inc. 2023-05-15 2023-05-29 2212 NAL
Suncor Energy Inc. / TotalEnergies EP Canada Ltd. 2023-05-16 2023-05-30 2111 NAL
Superior Plus Corp. / Certarus Ltd. 2023-01-12 2023-05-30 2212 CA
Stox Distribution Inc. / North Country Tire Distributors Ltd. 2023-04-27 2023-05-31 4152 NAL
HTG Construction Limited Partnership and THT Holdings Ltd. / Thompson Bros. (Constr.) Limited Partnership, Thompson Group Management Inc., TIL Management Ltd., and Thompson Contractors Partnership 2023-03-08 2023-03-23 2379 ARC
Westdell Development Corp / (White Oaks Mall Holdings Ltd, White Oaks Mall I LP, and White Oaks Mall II LP 2023-06-21 2023-06-30 5311 NAL
Griffon Partners Capital Management Ltd / Harvest Breeze Corporation 2023-06-14 2023-06-23 2111 ARC
1420296 BC Ltd / Joey Tomato’s (Canada) Inc, Earls Restaurants Ltd and Cactus World Holdings Ltd 2023-06-09 2023-06-19 7221 ARC
Gulf and Fraser Fishermen’s Credit Union / Interior Savings Credit Union 2023-06-09 2023-06-21 5221 ARC
Pontegadea Canada Inc / FXG Vaughan Holdings Ltd and PIRET (Vaughan) Limited Partnership 2023-06-06 2023-06-08 5311 ARC
Groupe Mach Acquisition Inc / Ontari Holdings LTD, AIMCo Realty Investors LP and Dorsay Development Corporation 2023-05-26 2023-06-06 5311 ARC
AgriWestern Dealer Group Ltd / GreenValley Equipment (2009) Inc 2023-05-24 2023-06-08 4171 ARC
BDT Capital Partners, LLC / Pro Mach, Inc 2023-05-18 2023-06-06 3339 NAL
Coliseum Capital Partners, LP / NFI Group Inc 2023-05-18 2023-06-14 3362 NAL
TFI International Inc and TForce Holdings Inc / Siemens Transportation Group 2023-05-15 2023-06-22 4885 NAL
High Noon Investment Corporation and Sunrise Poultry Processors Ltd / T & R Sargent Farms Limited,Sargent Farms Limited and 1244118 Ontario Ltd 2023-05-05 2023-06-02 1123 NAL
CommunityLend Holdings Inc / Snap Home Finance Corp, Simply Group Financial Corp, EcoHome Financial Inc and One Dealer Inc 2023-04-25 2023-06-12 5222 NAL
First Quality Enterprises, Inc / Domtar Inc 2023-03-28 2023-06-20 3221 NAL
BDT Capital Partners LLC / Eagle Holdco LLC 2023-07-17 2023-07-25 4152 ARC
LeadsOnline, LLC / Ultra Electronics Forensic Technology Inc 2023-07-12 2023-07-27 5616 ARC
Brookfield Infrastructure Partners L P and Brookfield Infrastructure Fund V / Compass Holdco LLC 2023-07-13 2023-07-27 5182 NAL
Meter Acquisition Corp (Northleaf Capital Group Ltd) / Provident Energy Management Inc 2023-06-30 2023-07-11 2382 ARC
KDDI CORPORATION / Allied Properties Real Estate Investment Trust 2023-07-05 2023-07-19 5182 NAL
Primaris Real Estate Investment Trust / Ivanhoé Cambridge II Inc 2023-06-27 2023-07-05 5311 ARC
Newmont Overseas Holdings Pty Ltd / Newcrest Mining Ltd 2023-06-09 2023-07-10 2122 NAL
Atlas Holdings LLC / Resolute FP Canada Inc 2023-04-20 2023-07-11 3221 NAL
A+ Real Estate LP / Private Pension Partners Real Estate Growth Fund Two LP 2023-07-14 2023-07-28 5311 ARC
Mondi Hinton Inc / West Fraser Timber Co Ltd 2023-07-25 2023-07-31 3221 ARC
ConocoPhillips Surmont Partnership / TotalEnergies EP Canada Ltd 2023-07-18 2023-07-31 2111 ARC
Mubadala Capital LLC / Foundation Holdings LP and Foundation (GP) Holdings LLC 2023-07-18 2023-07-28 5239 NAL
Northview Fund / Starlight Group Properties Holdings Inc, Kingsett Capital Inc, AIMCo Realty Investors LP, Hazelview Investments, TD Greystone Real Estate Fund Inc and TD Greystone Real Estate LP Fund 2023-06-21 2023-07-28 5311 NAL
Highwood Asset Management Ltd / Boulder Energy Ltd 2023-07-12 2023-07-18 2111 ARC
Apollo Management LP / PetSmart LLC (BC Partners Management XI Ltd) 2023-08-10 2023-08-17 4539 ARC
Strathcona Resources Ltd / Pipestone Energy Corp 2023-08-08 2023-08-16 2111 ARC
Questrade Financial Group Inc / FLX Holding Corporation 2023-08-08 2023-08-16 5223 ARC
Calpine Canada Energy LTD / Greenfield Energy Centre LP and CM Greenfield Power Corp 2023-08-07 2023-08-11 2211 ARC
Hilco Capital Limited / Mastermind LP 2023-08-04 2023-08-11 4511 ARC
Cygnet Energy Ltd / Murphy Oil Company Ltd and Athabasca Oil Corporation 2023-08-03 2023-08-11 2111 ARC
Marubeni-Itochu Tubulars Canada Ltd / TriMark Tubulars Ltd 2023-08-01 2023-08-07 3312 ARC
Apollo Management X, L P / Applus Services, SA 2023-08-01 2023-08-14 5413 ARC
Tolu Holdings Corporation / Riocan Real Estate Investment Trust 2023-07-24 2023-08-02 5311 ARC
Malteries Soufflet / United Malt Group Limited 2023-07-24 2023-08-04 3112 NAL
Canada One Auto Group / Ison T H Auto Sales Inc and Ison T K Auto Sales Inc 2023-07-18 2023-08-02 4411 NAL
Honda Motor Co Ltd and JICC-01 Limited Partnership / Hitachi Astemo Ltd and Hitachi Ltd 2023-08-08 2023-08-16 3363 NAL
Cisco Systems Inc / Accedian Holdings US Inc 2023-07-07 2023-08-02 5415 NAL
CertainTeed Canada, Inc / Building Products of Canada Corp 2023-06-19 2023-08-04 4441 NAL
Livent Corporation / Allkem Limited 2023-06-08 2023-08-22 2123 NAL
Canadian Mobility Services Limited (Shell) / Sobeys Capital Incorporated 2023-02-07 2023-07-28 4471 CA
ASSA ABLOY AB / Spectrum Brands Inc 2021-10-14 2023-05-05 4163 Other
Ranahan Resources Limited / Crescent Point Resources Partnership 2023-08-24 2023-08-30 2111 ARC
RS Grizzly LP (Riverstone Holdings LLC) / Trigon Holdings Ltd 2023-08-10 2023-08-24 4883 ARC
WWM Ventures Group Investment Partnership (Hillcore Group) / White Water Management and Catalyst Production Systems 2023-08-09 2023-08-24 2131 ARC
FRS Capital Corp / Ceres Terminals Holdings LLC 2023-07-17 2023-08-31 4883 NAL
Robert Bosch North America and Poseidon Acquisition / PalAmerican Tech and Paladin Tech 2023-07-14 2023-08-28 3343 NAL
Royal Bank of Canada / HSBC Bank Canada 2022-11-16 2023-08-31 5221 NAL
CMA CGM SA / Bolloré Logistics SE 2023-07-18 2023-09-06 4885 NAL
Welltower OP LLC / Desjardins Assurances Générales Inc, Desjardins Sécurité financière, compagnie d’assurance vie, Industrielle Alliance, Assurance et services financiers inc, Cogir RPA société en commandite and Société de Gestion Cogir s e n c 2023-07-21 2023-09-05 6233 NAL
Rio Tinto Group / Matalco Inc and Matalco (US) Inc 2023-08-04 2023-09-06 3313 NAL
Sun Life Financial Inc / Dialogue Health Technologies Inc 2023-08-09 2023-09-21 6241 NAL
SouthWest Water Company / Corix Infrastructure Inc and Corix Infrastructure (US) Inc 2023-08-25 2023-09-11 2213 ARC
Ravago SA / M Holland Company LLC 2023-08-31 2023-09-29 3261 NAL
Kingston Midstream Limited / Rangeland Midstream Canada Ltd 2023-09-11 2023-09-19 4861 ARC
AltaGas Ltd / Tidewater Midstream and Infrastructure Ltd and Tidewater Pipestone Infrastructure LP 2023-09-08 2023-09-22 2111 ARC
Peyto Exploration & Development Corp / Repsol Canada Energy Partnership 2023-09-13 2023-09-20 2111 ARC
Public Sector Pension Investment Board / Hydromega Services Inc 2023-09-14 2023-09-27 2211 ARC
MDM Clonfero Holdings Inc / Vantage Land Corporation, Springwood Developments Inc and Cochrane Properties Ltd 2023-09-21 2023-09-27 5311 ARC
Occidental Petroleum Corporation / Carbon Engineering Ltd 2023-08-18 2023-10-03 3251 ARC
Lions Gate Entertainment Corp / Entertainment One Ltd 2023-08-24 2023-10-10 5121 NAL
RONA Inc / 2412614 Alberta Ltd, Little Bow Investments Ltd, ZyTech Building Systems (DFW) LP, ZyTech Building Systems LP, ZyTech Holdings (GP) Ltd, ZyTech Holdings Limited Partnership and ZyTech Investments (US) Ltd 2023-09-06 2023-10-04 4163 NAL
Rise Baking Canada Ltd and Rise Baking Company, LLC / Wonder Brands Inc and WB Frozen US, LLC 2023-09-11 2023-10-06 3118 NAL
DGAM Canadian Private Real Estate Fund / Desjardins Sécurité financière 2023-09-22 2023-10-06 5311 ARC
CapVest Equity Partners V SCSp / Recochem Holdings Inc 2023-09-27 2023-10-05 3259 ARC
Corev Horizon Sec, Corev Résidence Sec, 9043-5389 Québec Inc, 9499-5859 Québec Inc and 9498-1610 Québec Inc / Groupe Sélection Inc 2023-09-28 2023-10-05 5311 ARC
Plenary Americas Prairies A LP and Plenary Americas Prairies B LP / Access Prairies Partnership 2023-09-29 2023-10-11 9121 ARC
VVG Holdings LLC / First Industries Corporation 2023-09-29 2023-10-13 3261 ARC
Syntax Systems Limited / Gestion Beyond Technologies Inc and Gestion Beyond Tech Internationale Inc 2023-09-29 2023-10-13 5415 NAL
Mithaq Canada Inc / Aimia Inc 2023-10-05 2023-10-11 5239 ARC
IB Appliances Canada Holdings, Inc / Corelle Brands (Canada) Inc, Instant Brands (Canada) Holding Inc and Instant Brands Inc 2023-10-05 2023-10-18 3352 ARC
Construction JADCO Inc / LaSalle Investment Management and Westcliff Group of Companies 2023-10-06 2023-10-13 5311 ARC
Precision Drilling Corporation / CWC Energy Services Corp 2023-09-18 2023-11-01 2131 NAL
Blue Ridge Lumber Inc / Spray Lake Sawmills (1980) Ltd 2023-09-20 2023-11-03 3221 NAL
The J M Smucker Company / Hostess Brands Inc 2023-09-22 2023-10-27 3119 NAL
Public Sector Pension Investment Board and Welltower OP LLC / HCN-Revera Joint Venture and Sunrise Senior Living LLC 2023-10-11 2023-10-30 6231 NAL
Verve Equity Corporation / BCI QuadReal Realty 2023-10-13 2023-10-27 6233 NAL
Hon Hai Precision Industry Co Ltd / ZF Friedrichshafen AG 2023-10-12 2023-10-27 4413 ARC
Brookfield Corporation / Partners Value Investments LP and Partners Limited 2023-10-17 2023-10-23 5239 ARC
Mancal Energy Inc / Tamarack Valley Energy Ltd 2023-10-20 2023-10-24 2111 ARC
Primaris Real Estate Investment Trust / OPB Realty Inc 2023-10-23 2023-10-27 5311 ARC
Avenue Living Asset Management Ltd / Avenue Living Real Estate Opportunity Limited Partnership 2023-10-26 2023-11-03 5311 ARC
Groupe Mach Inc and Hailah Investments Inc / Raymond Chabot Inc 2023-10-27 2023-11-03 5311 ARC
Bunge Limited / Viterra Limited 2023-06-13 Ongoing 4111 Other
Arbor Memorial Incorporated / Simple Choice Crematin Centre 2023-06-14 2023-09-08 8122 Other
GFL Environmental Services Inc / Aqua-Solve Services Inc 2023-07-04 2023-07-28 5622 Other
Global Fuels Inc / Greenergy Group Holdings II Ltd 2023-07-10 2023-10-25 4471 CA
Connect First Credit Union Ltd / Servus Credit Union Ltd 2023-07-17 Ongoing 5221 Ongoing
WT Microelectronics Co Ltd / Future Electronics Incs 2023-09-25 2023-11-06 4431 NAL
Toys ‘R’ Us (Canada Ltd) and Everest Toys / Mastermind GP Inc and Mastermind LP 2023-09-26 2023-11-16 4591 TA
Tapestry Inc / Capri Holdings Ltd 2023-10-06 Ongoing 4581 Ongoing
Atlas Capital Resources IV LP / West Fraser Mills Ltd 2023-10-13 Ongoing 3221 Ongoing
CommScope Holding Company Inc / Vantiva SA 2023-10-19 2023-11-20 3342 NAL
Tourmaline Oil Corp / Bonavista Energy Corporation 2023-10-23 Ongoing 2111 Ongoing
Blue Wolf Capital Partners LLC and Stonepeak Partners LP / LOGISTEC Corporation 2023-10-27 2023-11-09 4883 ARC
Madison Industries / CAE Healthcare Canada Inc 2023-10-27 2023-11-22 5415 ARC
TreeHouse Foods Inc / Smucker Foods of Canada Corp 2023-10-30 2023-11-20 3114 NAL
7-Eleven Canada Inc / Wallace & Carey Inc, Loudon Bros Limited and Carey Management Inc, 2023-10-31 2023-11-14 4451 NAL
Bell Media Inc / Outdoor Systems Americas ULC 2023-10-31 Ongoing 5418 Ongoing
Avenue Living Asset Management Ltd / bcIMC Realty Corporation 2023-11-02 2023-11-14 5311 NAL
COAG Holdings Inc / AutoIQ Network of Dealerships 2023-11-02 Ongoing 4411 Ongoing
Pine Cliff Energy Ltd / Certus Oil & Gas Inc 2023-11-03 2023-11-14 2111 ARC
Anthem Works Ltd / Cedarglen Group Inc 2023-11-03 Ongoing 2261 Ongoing
ITE Rail Fund LP / SMBC Rail Services LLC 2023-11-07 Ongoing 4821 Ongoing
Crescent Point Energy Corp / Hammerhead Energy Inc 2023-11-07 2023-11-15 2111 ARC
Varsteel Ltd / Pacific Steel Inc & Acier Pacifique Inc 2023-11-08 2023-11-22 3312 NAL
Calian Group Ltd / Decisive Group Inc 2023-11-09 Ongoing 5415 Ongoing
Canada Cartage Corporation / GTI Transport Solutions Inc 2023-11-09 Ongoing 4841 Ongoing
Forum Energy Technologies Inc / Variperm Holdings Ltd 2023-11-10 Ongoing 2131 Ongoing
Triton Managers V Limited / Trench Ltd 2023-11-10 Ongoing 3359 Ongoing
TransAlta Corporation / Heartland Generation Ltd 2023-11-10 Ongoing 2211 Ongoing
Stern Holdco (2023) Inc / Grafton Apparel Ltd 2023-11-10 2023-11-20 4481 NAL
Connor Clark & Lunn Wind Limited Partnership / EDP Renewables SH, Project Limited Partnership and EDP Renewables SH Project GP Ltd 2023-11-14 2023-11-22 2211 ARC
Fengate Asset Management / Friday Harbour Resort LP 2023-11-17 2023-11-23 5311 ARC
BT DE Investments Inc (British American Tobacco plc) / Organigram Holdings Inc 2023-11-20 2023-11-23 1119 ARC
Ullico Infrastructure Tidewater Holdco LLC / Oregon Trail Ventures 2023-11-21 Ongoing 4885 Ongoing
Cisco Systems Inc / Splunk Inc 2023-11-22 Ongoing 5415 Ongoing
Calibre Mining Corp / Marathon Gold Corporation 2023-11-23 Ongoing 2122 Ongoing
Chartwell Master Care LP / Welltower OP LLC 2023-11-24 Ongoing 6233 Ongoing

* NAICS refers to the North American Industry Classification System 2017 — Canada.

** The reasons for concluding a merger review are: the issuance of an Advance Ruling Certificate under section 102 ("ARC"), the issuance of a No Action Letter ("NAL"), the registration of a Consent Agreement ("CA"), a Judicial Decision ("JD"), proposed transactions that are abandoned by merging parties ("TA"); or other ("Other").