DXP Enterprises, Inc. Acquires HSE Integrated Ltd.

Acted for DXP Enterprises, Inc. in connection with its $87 million acquisition of HSE Integrated Ltd. by way of plan of arrangement.

On July 11, 2012 , DXP Enterprises, Inc. (NASDAQ: DXPE) and HSE Integrated Ltd. (TSX: HSL) successfully completed a plan of arrangement under which DXP acquired all of the outstanding shares of HSE. Under the Arrangement, shareholders of HSE received $1.80 in cash per share.

DXP is a leading products and service distributor listed on the NASDAQ National Market.  The company, with its head office in Houston, Texas, is focused on adding value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908.

HSE is a national supplier of onsite health, safety and environmental services, with its head office in Calgary, Alberta.

DXP was represented by Davis LLP in Vancouver, with a team led by Cam Fitch and Don Collie, and assisted by Mike Coburn, Doug Shields, Scott Dunlop, Elaine Tham, Rebecca Hockin and Tony Anderson.
 

Related Lawyers

Don Collie
604.643.6472

Campbell Fitch
604.643.6371

Rebecca Hockin
604.643.2945

Douglas Shields
604.643.2998

Elaine Tham
604.643.6409

Practice Areas

Jurisdictions

  • Canada