Moreover,
Changes ocean group shareholding which:
The Quebec Government. In addition, Investissement Québec invest $ 145 million to take part in Ocean Group shareholding to replace the FTQ Solidarity Fund.
While new markets are taking shape on the horizon with the will of the Federal to increase military spending. Therefore, the company, which covets these future contracts, proceeds to changes in its shareholding, while reaffirming its Quebec identity.
Thus, the senior management begins a process of buyout, directed by the president and chief executive, Jacques Tanguay. Nevertheless, The senior management and the founder of the company, Gordon Bain, retain control of the company. Furthermore, The Quebec government invests $ 75 million in the form of privileged actions. To this amount are added contributions of $ 34 million in the Growth Fund for Quebec Business. administered by Investissement Québec, and $ 36 million from the Quebec Investment Funds.
changes ocean group shareholding which
“We thus consolidate the position of Quebec in the defense industry. we encourage innovation and we strengthen the Quebec supply chain in the maritime field, a strategic sector of our economy,” said Christine Fréchette, Minister of Economy, Innovation and Energy and Minister responsible for regional economic development.
Shareholding of shareholding
The arrival of these new partners allows Groupe Océan to remain an entirely Quebec company. with its head office in Quebec. Groupe Océan is a recognized leader in the towing sectors, maritime work and shipbuilding. The company employs 1,100 people, including nearly 1,000 in Quebec. This evolution of shareholding is carried out without impact on the jobs which are maintained in full, it is said.
“After having accompanied Ocean Group in the preparation of its succession in recent years. we are continuing our commitment today by supporting the rise of this flagship company of the Quebec maritime economy, which is changes ocean group shareholding which well positioned to seize the many occasions offered by this sector,” added Kim Thomassin, first vice-president and chef, Quebec of the Caisse.
Ocean Group has already obtained contracts. in the past, arising from the national naval construction strategy (SNCN), which contains different components, including one worth $ 44 million to carry out work on the NGCC Griffon of the Canadian Coast Guard.
The company has three shipyards: Quebec. Isle-aux-Coudres and Les Méchins (formerly the Maritime Verreault site) which has one of the largest dry holds in Canada with an area of 244 meters by 56 meters.
More details to come …
Changes ocean group shareholding which
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