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The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Private equity giant Cerberus Capital Management and the founders of Dorel Industries Inc. have pulled the plug on their effort to take the Canadian consumer products company private following what appears to be insurmountable opposition to the proposal from shareholders. The outcome thrusts the spotlight back onto Dorel chief executive Martin Schwartz and other founders, who now face increased investor expectations to build on COVID-19 sales gains and bring the company’s three different business lines back to steady profit growth. It also raises questions about whether Mr. Schwartz and his family, who control Dorel through multivoting shares, still harbour a desire to pursue a similar transaction in the future.

Jeff segelMartin schwartzJeffrey schwartzAlan schwartzDorel coBrosseau associatesRidgewood industries ltdInstitutional shareholder servicesDorel industries incCerberus capital managementDorel industriesMontreal based dorelSan francisco based brandes investment partnersGlass lewisRidgewood industriesConsumer goods