The Toronto Stock Exchange reports that Heroux-Devtek Inc. will be delisted at the close on Feb. 13, 2025. According to the TSX, HDI Aerospace Holding Inc. (formerly known as 9520-9557 Quebec Inc.), an affiliate of Platinum Equity Advisors LLC, acquired all of the issued and outstanding shares of the company, pursuant to a statutory plan of arrangement under the Business Corporations Act (Quebec).

The TSX reports that shareholders of Heroux-Devtek, other than certain senior officers of the company who will roll over their shares, will receive $32.50 in cash per share held, less any applicable withholdings. To receive the consideration, shareholders must return the letter of transmittal together with share certificates and/or DRS advices representing the shares to Computershare Investor Services Inc. at its principal offices in Toronto.

For more information, see Heroux-Devtek's management information circular dated Aug. 2, 2024, available on SEDAR+.