CRCD Acquires Les Industries Fournier

Capital régional et coopératif Desjardins (CRCD) announced the acquisition of Fournier Industries Inc. in partnership with members of the company's management team.

The deal allows the company to keep its headquarters in Thetford Mines and maintain business operations there and at its Trois-Rivières facilities, thus securing the jobs of more than 250 skilled employees.

Founded in 1960 by Renaud Fournier, the company specializes in the design, manufacture and installation of industrial equipment.

According to Fournier Industries, the partnership enables the company to consolidate its position across Quebec and focus on growth, optimization of services and the development of new products and markets.

Capital régional et coopératif Desjardins (CRCD) was represented by Heenan Blaikie LLP with a team led by Eric Levy and Antonella Penta, which included Marie Claude Bellemare, Alexandre Hébert and Sara Reid.

Renaud Fournier, Gestion 600F inc., Fiducie Familiale Renaud Fournier, Harold Roy, Serge Fournier, Stéphane Pomerleau, Brigitte Fournier, Daniel Fournier and Les Industries Fournier Inc. were represented by Yves Charbonneau and Yves Rochette of KSA Société d'Avocats.

Lawyer(s)

Yves Charbonneau Yves Rochette Antonella Penta Alexandre Hébert Marie-Claude Bellemare Eric M. Levy

Firm(s)

KSA, Avocats s.e.n.c.r.l.