Date Closed

February 20, 2008

Lead Office

Vancouver

On February 20, 2008, Schmitt Industries Inc., an Oregon-based designer and manufacturer of balancing and measurement equipment, acquired all the outstanding common stocks of Xtero Datacom Inc., a Vancouver-based provider of satellite data communications services to fuel distributors, for an undisclosed value.

McCarthy Tétrault advised Schmitt with a team that was led by Sven Milelli.