One of the Canadian SMID-Cap 30 Gets Acquired

By Will Ashworth

It was inevitable that one (or more) of the companies in the InvestorThread Buy Canadian Index would be an acquisition target. The honors as the first go to Andlauer Healthcare Group (AND), which we covered here in January.

Logistics giant United Parcel Service (UPS) will pay AHG shareholders C$55.00 in cash per share, which is 38.3% higher than the 30-day volume-weighted average trading price, as of the April 24 announcement. That price is about 20% higher from my late January article and about 36% above the Andlauer stock price in late October when I selected the 30 stocks in the Canadian SMID-Cap 30.

What the deal means for Canada is yet to become clear. The company will continue to call Vaughan, Ontario home.

As for UPS, the $1.6 billion is buying them a huge boost for its healthcare logistics business. 

Andlauer operates nine distribution centers and 22 branches across Canada, offering third-party logistics service and specialized transportation solutions for the healthcare sector. In 2024, the company reported C$650 million ($468.4 million) in revenue, more than half of which was from its ground transportation business, Reuters reported,

That said, we need a new stock to fill AND stock’s place in the Canadian SMID-Cap 30. 

So, dear InvestorThread readers, meet Triple Flag Precious Metals (TFPM). We’ll have a more detailed write-up on the stock in the coming days, applying our “Buy Canadian” yardstick to the C$6.09 billion TSE-traded company.

Disclaimer: The author did not hold a position in any of the securities mentioned above. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. Always conduct your own research or consult with a licensed financial professional before making any investment decisions. Past performance is not indicative of future results.

Will Ashworth is currently ranked 262 out of 31,088 financial bloggers analyzed by TipRanks, with a 14.5% return on his buy and sell ratings. He is one of the founding contributors to this newsletter.

Will has written about investments full-time since 2008. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.