CDPQ ups stake in metal and chemical products maker 5N Plus
Caisse de dépôt et placement du Québec (CDPQ) has acquired 8.7 million shares in 5N Plus Inc, a Montréal maker of metal and chemical products used in advanced pharmaceutical, electronic and industrial applications, for $14.8 million. The additional share purchase, made on the secondary market, increases the Canadian pension fund's ownership interest in the company to 18.93 percent. Founded in 2000, 5N Plus operates manufacturing facilities and sales offices in locations in Europe, the Americas and Asia.
6 March 2017•3 mins read
