Xebec announces sale of Tiger Filtration

Company

Xebec Adsorption Inc.

Law Firm / Organization
Osler, Hoskin & Harcourt LLP
Law Firm / Organization
Stevens & Bolton LLP

Company

FORUM Family Office

Law Firm / Organization
Endeavour Partnership LLP

On Jan. 31, 2023, Xebec Adsorption Inc., a global sustainable gas solutions provider, announced the sale of its wholly-owned UK subsidiary, Tiger Filtration Limited. This move comes as part of Xebec's previously announced sale and investment solicitation process (SISP). The acquiring entity is a subsidiary of the FORUM Family Office based in Munich, which manages a portfolio of mid-sized companies specializing in industrial niche sectors. For this transaction, Xebec was legally advised by Osler, Hoskin & Harcourt LLP and Stevens & Bolton LLP, while its financial consultation was managed by National Bank Financial Inc. On the other side, The Endeavour Partnership LLP provided UK legal counsel to FORUM. The specific transaction value was not mentioned.

Merger & Acquisition
Energy
Undisclosed/Confidential
Active