Desjardins leads investment in Congebec Logistic's succession plan
Capital régional et coopératif Desjardins (CRCD), a retail fund managed by Canadian private equity firm Desjardins Capital de risque, has led an undisclosed investment in Congebec Logistic Inc, a provider of refrigerated services based in Québec City. The deal was also backed by Fondaction CSN and Investissement Québec and will support the transfer of management of Congebec Logistic from its founder, Laurier Pedneault, to his son, Nicholas-P Pedneault. As a result of the transaction, CRCD, an existing investor in the company, becomes the majority shareholder. Established in 1974, Congebec Logistic serves clients from 12 facilities located in five provinces.
20 February 2015•4 mins read
