Apollo Tourism & Leisure Ltd.’s acquisition of CanaDream Corporation and Kratzmann Caravans


Jones Day is advising Apollo Tourism & Leisure Ltd in its acquisition of CanaDream Corporation and Kratzmann Caravans and Clint’s Caravan Warehouse (together “Kratzmanns”).

Apollo has proposed to acquire all the common shares in TSX Venture Exchange listed company CanaDream not currently owned (approximately 80%) by Apollo for approximately A$28 million cash consideration by way of a plan of arrangement (“Plan”).

Apollo has entered into a binding agreement to acquire the assets, including the brand names, of the businesses known as Kratzmann Caravans and Clint’s Caravan Warehouse for A$15.6 million.

Jones Day is advising Apollo Tourism & Leisure Ltd on the deal with a team led by Brett Heading.

Involved fees earner: Brett Heading – Jones Day;

Law Firms: Jones Day;

Clients: Apollo Tourism & Leisure Ltd.;

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Author: Michael Patrini