Cases & Deals

Riverside to acquire PFB Corporation for CA$178 million

Clients Riverside Company, The

Jones Day is advising The Riverside Company on its take-private acquisition of PFB Corporation (TSX: PFB), a North American vertically-integrated manufacturer of proprietary insulating building products based on expanded polystyrene technology, for a cash payment of CA$24.10 per share (CA$178 million on a fully diluted basis), as well as the transaction's financing. The transaction, which is subject to shareholder and court approvals, is expected to close on December 17, 2021.