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Announced

Completed

CDPQ completed the acquisition of a stake in The Delachaux Group from CVC Capital Partners.

Synopsis

Caisse de dépôt et placement du Québec, an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec, completed the acquisition of a stake in The Delachaux Group, a provider of transportation equipment, from CVC Capital Partners, a Luxembourg-based French private equity and investment advisory firm. Financial terms were not disclosed. "I am pleased to welcome CDPQ as a long-term shareholder and want to thank CVC for their contribution to our development. Since 2011, the Group has significantly strengthened its positioning, stabilised the operational profile of its activities and made its business model even more flexible. I look forward to working alongside CDPQ and the Delachaux family as we open a new chapter in the group's century-long history. With their support, the Group would be ideally positioned to capture the full potential of its markets," Guy Talbourdet, Delachaux Group CEO.

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