Automodular Corporation Mergers and Acquisitions


Automodular Corporation

20 Toronto Street,
Suite 420
Toronto, ON
Canada
Tel:1/416 861-0662
URL: http://www.automodular.com/
Formerly known as:
Algonquin Mercantile Corporation
Primary Symbol & Exchange:
AM - Ordinary Shares - Toronto
Industry:
Household Appliances
Automodular Corporation Company Snapshot

Automodular Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Automodular Corporation M&A History


Automodular Corp acquires Tec-Mar Distribtution Services Automodular Corp acquires Tec-Mar Distribtution ServicesJan 31, 2003

US - Automodular Corp acquired Tec Mar Distribtution Services Inc, a provider of auto assembly and sequencing services. Terms were not disclosed.

Automodular Corp acquires Undisclosed Sub-Assembly Co (pending) Automodular Corp acquires Undisclosed Sub-Assembly Co (pending)Oct 24, 2002

US - Automodular Corp agreed to acquire an undisclosed sub-assembly company for $## mil and an undisclosed amount in profit-related payments. The earnout was to be payable based on the acquired company's performance over a period of # years.

Automodular Corp withdraws offer for Undisclosed Sequencing,MI Automodular Corp withdraws offer for Undisclosed Sequencing,MIJul 30, 2002

US - Automodular Corp withdrew its letter of intent to acquire an undisclosed sequencing operation, for an estimated $#.## mil. The identity of the operation was to be made public upon the attainment of a definitive agreement.

Scotia Merchant Capital Corp acquires a minority stake in Algonquin Mercantile Corp Scotia Merchant Capital Corp acquires a minority stake in Algonquin Mercantile CorpJun 20, 2001

CANADA - Scotia Merchant Capital, an unit of Bank of Nova Scotia, acquired a ##.###% stake, or #.### mil common shares in Automodular Corp, formerly Algonquin Mercantile Corp, a manufacturer of household appliances and owner and operator of drug

Algonquin Mercantile Corp spins off Dominion Citrus & Drugs Ltd Algonquin Mercantile Corp spins off Dominion Citrus & Drugs LtdJan 17, 2001

CANADA - Algonquin Mercantile Corp (AMC) completed the spinoff its Dominion Citrus & Drugs Ltd (DCD) unit, an owner and operator of citrus fruit famrs and a manufacturer of pharmaceuticals, to its shareholders. AMC shareholders received #.## DCD shares per AMC

Algonquin Mercantile Corp acquires Manufacturing Facility Algonquin Mercantile Corp acquires Manufacturing FacilityMay 01, 1998

Algonquin Mercantile Corp acquired an undisclosed manufacturing facility for #.# mil Canadian dollars ($#.### mil US).

Algonquin Mercantile Corp acquires Undisclosed Ontario Automotive Algonquin Mercantile Corp acquires Undisclosed Ontario AutomotiveNov 03, 1997

Algonquin Mercantile (AM)acquired an undisclosed Ontario automotive parts company for ##.# mil Canadian dollars ($##.## mil US). Consideration consisted of C$# mil ($#.## mil) in cash, a C$# mil debenture convertible into ###,###

Dominion Citrus & Drugs Ltd acquires Apple Valley Juice Corp Dominion Citrus & Drugs Ltd acquires Apple Valley Juice CorpOct 30, 1997

Dominion Citrus & Drugs, a unit of Algonquin Mercantile (AM), acquired Apple Vallye Juice for #.### mil Canadian dollars ($#.### mil US). The consideration consisted of C$#.# mil ($.### mil) in cash and .### mil AM shares

Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing Ltd Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing LtdJun 16, 1997

Algonquin Mercantile (AM) raised its stake to ##.#% from ##% in Durkin Hayes Publishing (DHP), by completing its hostile tender offer and accepting #,###,### DHP common shares for #.#### mil Canadian dollars ($#.### mil US

Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing Ltd Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing LtdDec 19, 1996

Algonquin Mercantile raised its stake to ##% from ##.#% in Durkin Hayes Publishing by acquiring #.# mil common shares at approximately .# Canadian dollars ($.## US) in cash per share, or a total of C$#.## mil

Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing Ltd Algonquin Mercantile Corp acquires a minority stake in Durkin Hayes Publishing LtdSep 03, 1996

Algonquin Mercantile (AM) acquired a ##.##% stake, or #.### mil common shares, in Durkin Hayes Publishing (DHP) in the open market. In October ####, AM raised its stake to ##.#%.

Undisclosed Acquiror acquires Pharmx Rexall Drug Stores Ltd from Algonquin Mercantile Corp Undisclosed Acquiror acquires Pharmx Rexall Drug Stores Ltd from Algonquin Mercantile CorpMar 01, 1996

Algonguin Mercantile received an unsolicited offer to acquire its Pharmx Rexall Drug Stores unit from an undisclosed acquiror.

Pharmx Rexall Drug Stores Ltd acquires Ciba-Geigy Canada-Rexall Brand from Novartis AG Pharmx Rexall Drug Stores Ltd acquires Ciba-Geigy Canada-Rexall Brand from Novartis AGDec 15, 1994

Pharmx Rexall Drug Stores, a unit of Algonquin Mercantile, acquired the Rexall brand name from Ciba-Geigy Canada, a unit of Ciba-Geigy. Terms were not disclosed.

Algonquin Mercantile Corp acquires Undisclosed Fresh Produce Dist Algonquin Mercantile Corp acquires Undisclosed Fresh Produce DistNov 16, 1993

Algonquin Mercantile agreed to acquire an undisclosed fresh produce distributor for #.# mil Canadian dollars ($#.## mil US).

Algonquin Mercantile Corp acquires Pharmaservice Inc Algonquin Mercantile Corp acquires Pharmaservice IncAug 05, 1992

Algonquin merged with Pharmaservice.

Woolworth Canada Inc acquires Algonquin Merc-Austin Hlth Div from Algonquin Mercantile Corp Woolworth Canada Inc acquires Algonquin Merc-Austin Hlth Div from Algonquin Mercantile CorpSep 12, 1990

Woolworth Canada, a unit of Woolworth, agreed in principle to acquire the assets of Algonquin Mercantile's Austin health care division. Terms were not disclosed.

Renegade Capital Corp acquires a minority stake in Algonquin Mercantile Corp Renegade Capital Corp acquires a minority stake in Algonquin Mercantile CorpMay 03, 1990

Renegade Capital raised its stake in Algonquin Mercantile from ##.#% to ##% by acquiring ###,### common shares through private agreements. Renegade said it acquired the shares to accommodate two investors who wanted to reduce their holdings.

Undisclosed Acquiror acquires Algonquin Mercantile-Skrow's from Algonquin Mercantile Corp Undisclosed Acquiror acquires Algonquin Mercantile-Skrow's from Algonquin Mercantile CorpFeb 26, 1990

Algonquin Mercantile sold its Skrow's Foods business to an undisclosed acquiror for an undisclosed sum.

Investor acquires Algonquin Mercantile-Coupco from Algonquin Mercantile Corp through a leveraged buyout Investor acquires Algonquin Mercantile-Coupco from Algonquin Mercantile Corp through a leveraged buyoutFeb 15, 1990

Former CEO Robert Franklin acquired Coupco Pipe Fittings & Couplings division of Algonguin Mercantile. Terms were not disclosed. The division had annual revenues of # to # mil Canadian dollars ($#.# mil-$# mil US).

Renegade Capital Corp acquires Algonquin Mercantile Corp Renegade Capital Corp acquires Algonquin Mercantile CorpOct 13, 1989

Renegade Capital, controlled by Michael F. Blair, acquired a ##.#% stake in Algonquin Mercantile from Cecil Ho Franklin, chairman of Algonquin. The price of the transaction was not disclosed. Blair planned to acquire more shares in the future through

Automodular Corporation M&A Summary


Automodular Corporation has made 6 acquisitions while taking stakes in 3 companies. Automodular Corporation has 6 divestitures during this period.
YearAcquisitionsStakesDivestitures
2008000
2007000
2006000
2005000
2004000
2003100
2002000
2001002
2000000
1999000
1998100
1997210
1996020
1995000
1994100
1993000
1992100
1991000
1990003
1989001
Total636

Other Recent M&A in the Household Appliances industry

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