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Brampton Brick Announces Acquisition of Atlas Block Assets

 Published:2013-12-08 04:02:15    Source:    Views:1314

 Brampton Brick Announces Acquisition of Atlas Block Assets




BRAMPTON, ONTARIO--(Marketwired - Nov. 29, 2013) - Brampton Brick Limited (TSX:BBL.A) today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of Atlas Block, including its state-of-the-art facility located in Hillsdale, Ontario. The acquisition is being made from KPMG Inc., the Court-appointed receiver of Atlas Block, and is subject to the Corporation being satisfied with certain due diligence investigations and to the issue by the Court of an approval and vesting order in a form reasonably acceptable to the Corporation.

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