IQ, Fonds de solidarité FTQ acquire majority stake in Plastique Micron
Investissement Québec (IQ) and Fonds de solidarité FTQ have acquired a 60 percent stake in Plastique Micron, a Sainte-Claire, Québec-based plastic container manufacturer. No financial terms were disclosed for the deal, which will see the balance of the company's interest held by two managing shareholders. Founded in 1971, Plastique Micron makes products designed for the pharmaceutical, cosmetics and food industries, as well as for industrial uses. Bernard Poitras, the company's president, said the partnership with IQ and Fonds de solidarité FTQ will support new investments in additional production lines and acquisitions.
8 December 2016•3 mins read
