Announced
Completed
Financials
Tags
Canada
industrial packaging
Containers and Packaging
Acquisition
Domestic
Minority
Completed
Single Bidder
Private
Friendly
Venture Capital
Synopsis
National Bank Private Investment, a bank, completed the investment in Induspac, a manufacturer of specialized industrial packaging products. Financial terms were not disclosed. “This investment and our entry into the shareholding will allow us to maximize the development of the company and position ourselves in a sector with high growth potential, recyclable packaging. Our team will be present to support the deployment of the company's strategic plan, which will draw on its strengths and the opportunities that will arise in the market,” Luc Ménard, NBPI EVP, General Manager and Head of Private Placements.
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