StyroChem Acquired by Epsilyte

StyroChem Canada, Ltd., a leading North American producer of expandable polystyrene (EPS) located in Baie d’Urfé, Québec, was recently acquired by Epsilyte Holdings LLC, a leading provider of advanced materials for building insulation, cold-chain packaging and personal safety equipment, Epsilyte being owned by Balmoral Funds and management.

This acquisition creates one of the largest producers of EPS in North America and further strengthens Epsilyte ability to enhance its portfolio through StyroChem’s unique and efficient operational technology, enabling Epsilyte to better serve customers with more sustainable products and true value creation.

Epsilyte will now operate three production sites, employ more than 300 associates, and provide customer solutions in more than 20 countries. Epsilyte expects to integrate StyroChem functions and operations into its current organization with minimal impact to StyroChem assets, employees and customers.

BCF is proud to have been one of the legal firms to counsel the purchaser, Epsilyte, in this cross-border transaction with a team led by Mireille Fontaine and consisting of namely Valérie Charpentier, Jean-Christophe Imbeau, Alessia Talarico and Laurence Babin (M&A), Mehrez Houacine and Alexandra Licha (Tax), Paule Tardif and Ashley Weiss (Financing), Isabelle Landry, Pierre Pratte, Eleonora Eusepi and Émilie Leblanc (Real Estate), Anne-Frédérique Bourret (Environment), Jean-François Dagenais (Construction), Kevin Vincelette and Stefania Fratianni (Labour & Employment) and Pascal Gagnon and Emilia Stoute (Corporate).

For the press release, click here.