On November 1, 2008, the Canadian National Railway Company acquired the three principal railway subsidiaries of the Quebec Railway Corporation Inc. and its rail-freight ferry operation for an aggregate purchase price of $C49.8 million. Prior to such transaction, Logistec Corporation and Logistec Stevedoring (Atlantic) Inc. acquired from the Quebec Railway Corporation Inc. all of the shares and inter-company debt of Sydney Coal Railway Inc. for an aggregate net cash disbursement estimated at $C11 million.
The Quebec Railway Corporation Inc. was represented in all the transactions by Lavery with a team led by André Vautour and that included Jean-Sébastien Desroches, Sarah Talpis-Guillet, Jamil Chammas (corporate) and Dominique Bélisle (financial services).