In the latter part of the 1930s, the company acquired a controlling interest in Bathurst Pulp and Paper Company Ltd. and in 1938, Canadian Oil Companies Ltd., selling the latter to Shell Oil Company in 1962.
Во второй половине 1930-х годов компания приобрела контрольный пакет акций Bathurst Pulp and Paper Company Ltd., а в 1938 году Canadian Oil Companies Ltd., (была продана Shell Oil Company в 1962 году).