NAMAKOR Holdings, the QMF and la Caisse acquire GGI
Sector: Aerospace & Defense • Location: Canada
Source: Caisse de dépôt et placement du Québec
NAMAKOR Holdings, the Québec Manufacturing Fund (QMF) and Caisse de dépôt et placement du Québec today announced the acquisition of all outstanding shares of Groupe Graham International (GGI). GGI is a world leader in user interface technologies in touch applications. The company, which specializes in the design, engineering and manufacturing of customized electromechanical assemblies, works prima
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Description
Description | NAMAKOR Holdings, the Québec Manufacturing Fund (QMF) and Caisse de dépôt et placement du Québec today announced the acquisition of all outstanding shares of Groupe Graham International (GGI). GGI is a world leader in user interface technologies in touch applications. The company, which specializes in the design, engineering and manufacturing of customized electromechanical assemblies, works primarily in the aerospace, medical, industrial, transportation and self-serve electronic transaction kiosk sectors. In addition to providing the financing required to strengthen its international growth plan, this transaction will enable GGI to fully draw on the expertise of its new investors, NAMAKOR Holdings and the QMF. La Caisse, which has invested in GGI since 2011, will continue to provide strategic and financial support. Eric Saint-Jacques will head the businesses and lead its development. He is a seasoned executive who has held a range of senior management positions in a variety of industries. These include telecommunications, business management systems, digital media and electronic products. Mr. Saint-Jacques brings with him international engineering, operations, manufacturing, business development and sales management experience. false false false ABOUT GROUPE GRAHAM INTERNATIONAL INC GGI is a global leader in human machine interfaces. The company specializes in the design, engineering and manufacturing of customized electro-mechanical assemblies to deliver the optimal user interface for each specific context and environment. GGI partners with its customers at the outset of the design cycle and is recognized for its expertise in the aerospace, medical, transport, industrial and self-service kiosk sectors. For more information: www.ggi-international.com. ABOUT NAMAKOR HOLDINGS NAMAKOR is a long-term investment holding company that acquires promising companies, with the objective of enabling them to grow organically and by way of acquisition. The NAMAKOR team is active in the daily management of companies making up its portfolio. W Investments (industries), consisting of successful entrepreneurs, is also a major shareholder and partner of the holding company. For more information: www.namakorholdings.com ABOUT THE QUÉBEC MANUFACTURING FUND The $200-million Québec Manufacturing Fund L.P., sponsored by Caisse de dépôt et placement du Québec, has a mandate to identify profitable Québec manufacturing companies that present attractive investment opportunities and have the potential to quickly make significant improvements to their operations. The QMF combined the financial expertise of Caisse de dépôt et placement du Québec with the operational expertise of experienced managers. The Fund assists entrepreneurs in Québec’s manufacturing sector with their projects by providing financing and expertise for business development, operations management and financial management. For more information: www.fondsmanufacturier.com/en or contact our LinkedIn page. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC La Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2016, it held CA$254.9 billion in net assets. As one of Canada's leading institutional fund managers, la Caisse invests globally in major financial markets, private equity, infrastructure and real estate. CDPQ is present in India through its subsidiary, CDPQ India, located in New Delhi. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. false false false |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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