Atlantic Advisory Partners

Atlantic Advisory Partners

September 24, 2014 08:00 ET

New Advisory Business Launched to Help Canadian and European Companies Take Full Advantage of Free Trade Opportunities

TORONTO, ONTARIO--(Marketwired - Sept. 24, 2014) - Acasta Capital Inc. and Spitzberg Partners LLC announced today the formation of Atlantic Advisory Partners (AAP), a joint strategic partnership to assist Canadian and European businesses take full and successful advantage of the opportunities created by the coming free trade between the European Union and Canada.

Upon ratification of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU, Canadian business will gain privileged access to the largest single market in the world. Combining 500 million consumers with an annual economic output of almost $17 trillion, the EU is home to the world's largest public procurement sector and is also a global hub of advanced manufacturing and technology industries.

European companies, in turn, will discover one of the most stable economies in the world and be able to partner with a global energy and resource powerhouse. CETA will offer European firms the timely opportunity to do business with export-ready Canadian companies, including those in the ICT, biotechnology, medical device, and advanced precision manufacturing sectors.

"Growth is the oxygen of business," stated Dr. Anthony Melman, President and Chief Executive Officer of Acasta Capital. "Both European and Canadian businesses have an important and strategic opportunity to create new value by entering stable economies with strong historic connections. No one knows how to navigate the complexities of Europe better than our partners at Spitzberg. With deep ties in Germany and beyond, the Spitzberg Partners team is connected to the pulse of Europe. Atlantic Advisory Partners can save Canadian companies and investors a lot of money, time and energy - whether they are entering the European market for the first time or want to expand their presence there."

"This is the time for companies on both sides of the Atlantic to get ready for CETA. While there will certainly be lucrative investment and trade opportunities in the interim, it's crucial to lay the ground work now so that Canadian and European businesses are in a competitive position to take full advantage of the new free trade agreement from day one," said Dr. Ulf Gartzke, Managing Partner at Spitzberg Partners. "Our partners at Acasta can add tremendous value to European businesses interested in Canada, including investors looking for quality opportunities amidst a global investment landscape fraught with new risks and uncertainty. Today, the European Union is already the second largest source of foreign investment in Canada."

Atlantic Advisory Partners provides a full suite of business and financial advisory services.

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