This March 25th, 2025, the Superior Court of Quebec approved the sale of "Mikros Animation", the cartoon animation division of Technicolor Canada, Inc., a Canadian subsidiary of the Technicolor Group.
Lavery had the privilege of advising Technicolor Canada on this transaction, which was part of the court-ordered reorganization of the corporations that make up the Technicolor Group.
Simultaneously with the acquisition of the assets of the "Mikros Animation" division in Quebec, the buyer, RodeoFx, will also acquire the assets of the "Mikros Animation" division in France. This would greatly facilitate the closing of the transaction, considering that the Technicolor group is an internationally integrated company.
Still due to the international component of the "Mikros Animation" division's operations, this simultaneous acquisition of it's assets in Quebec and France required the unprecedented collaboration of the Tribunal des Activités Économiques de Paris and the Quebec Superior Court.
Completion of the transaction will ensure the continued operation of the "Mikros Animation" division in both Quebec and France and preserve up to 207 jobs in Montreal in the specialized field of animation, in addition to the 80 jobs in the "Mikros Animation" division in France.
The Lavery team led by Sébastien Vézina and Jean Legault also included Martin Pichette, Marc Ouellet, Jessica Parent, Ouassim Tadlaoui, David Tournier, David Choinière, Jean-Paul Timothée and Yasmine Belrachid.
About Lavery
Lavery is the leading independent law firm in Québec. Its more than 200 professionals, based in Montréal, Québec City, Sherbrooke and Trois-Rivières, work every day to offer a full range of legal services to organizations doing business in Québec. Recognized by the most prestigious legal directories, Lavery professionals are at the heart of what is happening in the business world and are actively involved in their communities. The firm's expertise is frequently sought after by numerous national and international partners to provide support in cases under Québec jurisdiction.