23 October 2018

New leverage to accelerate our growth

Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ invest in Ocean Group.

Québec City, October 23, 2018: We are proud to announce the partnership with Caisse de Dépôt et Placement du Québec and Fonds de solidarité FTQ. These investors, who will hold a minority stake in Ocean, were chosen for their leadership in their field. They are here to help us grow and achieve our goals.

Excellent news for the continuity of our growth!

This investment will enable us to pursue our growth plan, which mainly involves expanding our Canadian activities, continuing our global growth and acquiring new equipment.

“Our strong growth in recent years combined with our desire to expand our activities internationally are pushing us to accelerate our development. To achieve this, we have joined up with world-class partners, making it possible to take these next steps,” stated Jacques Tanguay, President and Chief Operating Officer of Ocean Group.

With this partnership, we maintain our vision of excellence and we give ourselves more ways to achieve our ambitions!

[PHOTO] Left to right: Jean Wilhelmy, Senior Vice-President, Private Equity, at le Fonds – Jacques Tanguay, President and Chief Operating Officer of Ocean Group – Gordon Bain, Founder and Chairman of the Board of Directors of Ocean Group – Stéphane Léveillé, Vice-Président, Mid-Market Companies, Québec at la Caisse.
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