American Industrial Partners and Dutil Family to Take Canam Group Private

Private equity firm American Industrial Partners and the Dutil family signed a deal to take Canam Group Inc. private in a buyout deal at a price of C$ 12.30 per share in cash. The purchase of 100% of the equity of Canam represents a total enterprise value of approximately C$ 875 million, including the assumption of existing indebtedness. American Industrial Partners has worked with the Dutil family before.

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