Baker McKenzie acted as legal advisor to Axel Johnson International on the acquisition of Lam-é St-Pierre Group (LSP Group), a privately held Canadian company specializing in lifting and rigging solutions. The acquisition marks Axel Johnson International’s first establishment in Canada.

LSP Group has a strong presence across Ontario, Quebec, and New Brunswick with over 100 employees. With over 70 years of experience, the group has built a solid reputation in the energy, mining, and construction industries through its companies Lam-é St-Pierre, Boulons LPG, and Industrial Rigging & Supply. Together, they offer a comprehensive portfolio of lifting equipment, rigging solutions, engineered lifting tools, and value-added services such as inspection, certification, and training.

Axel Johnson International is a privately owned Swedish industrial group operating globally. The group consists of more than 200 companies and employs 6,000 people in 35 countries, organized into six business groups, each focusing on selected niche markets. Axel Johnson International is a part of the Swedish family-owned corporate group, Axel Johnson.

Baker McKenzie’s cross-border team included, among others, John Gustafson in Sweden as well as Nancy Hamzo, Tanay Shah, Milinda Yimesghen and Mario Lofranco in Canada.
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