Spectra/Premium Industries Inc., a leader in the manufacture of fuel tanks and related components for the automobile and light-truck aftermarkets, was privatized in a $94 million management buy-out transaction. This transaction consisted of the merger of this manufacturing company with 6651399 Canada Inc., a newly incorporated company controlled by Spectra’s senior management and a group of institutional investors. Pursuant to the merger, the shareholders of Spectra received $2.85 in cash for each share held. Senior management was represented by René Branchaud, Luc Pariseau, Philippe Asselin, Richard Burgos, Isabelle Lamarre and Benoît Mallette, from Lavery, de Billy.