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CANADIAN AUTO PARTS MAKER CONSIDERS SALE

OAKVILLE, Ont. -- Canadian auto parts maker, Ventra Group Inc., is considering putting itself up for sale due to an...


OAKVILLE, Ont. — Canadian auto parts maker, Ventra Group Inc., is considering putting itself up for sale due to an undervalued company stock.

Ventra creates mechanical assemblies and high-precision moulded plastic parts for vehicles, including medium- and heavy-duty trucks.

The company has solicited the advice of Nesbitt Burns to help determine their next move.

“Actions could include the potential sale of non-core businesses, options to raise additional equity from existing shareholders or new investors, or the potential sale of the company,” says Ventra chairman Spencer Lanthier.


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