Company History

1950196019701980199020002010

1950’s

  • Kilmer Van Nostrand (KVN) acquired by Tanenbaum family

1960’s

  • Diversified construction company and ready-mixed concrete producer serving the Toronto area

1970’s

  • Growth as heavy civil contractor specializing in subways, light rail, tunnels, bridges and roadways
  • Acquisition of Warren Paving and Materials Group Ltd. (Warren), a national road building and aggregates company
  • Began to diversify into non-construction activities including investments such as CUC Broadcasting Ltd., a cable television distributor

1980’s

  • Sale of heavy civil construction and ready-mix concrete businesses
  • Growth of Warren through acquisitions and vertical integration in aggregates and asphalt cement
  • KVN continues its non-construction investment diversification strategy

1990’s

  • Continued growth in Warren to become Canada’s largest national road paving and materials company
  • Investment in Toronto Maple Leafs and evolution into Maple Leaf Sports and Entertainment (MLSE)
  • Investment in NHL Network, World Fishing Network, GOL TV, and Professional Sports Publications, Inc.
  • Significant investment in electronics manufacturing sector

2000’s

  • Warren acquired by Lafarge North America
  • Private equity growth backed by institutions with the establishment of $114M Kilmer Capital Fund I, $202M Kilmer Capital Fund II and $92M Kilmer Brownfield Fund I
  • Growth of infrastructure development business
  • Increased ownership in MLSE

2010’s

  • Internalization of Private Equity and Brownfield/Real Estate businesses with principal investing from KVN’s balance sheet
  • Focussed growth in three areas: Private Equity, Infrastructure & Real Estate, and Sports & Media
  • Infrastructure concessions developed including On Route service stations, Nieuport L.P. and port related activities
  • Infrastructure projects including the Port Credit Imperial Oil redevelopment, the Pan Am Village and its legacy the Canary District along with the redevelopment of the Keele site of the Humber River Hospital
  • Private equity and Sports and Media investments in Chaleur Sawmills, Cypress Five Star, English Bay Batter and Argonauts Holdings Limited Partnership