Fonds de solidarité FTQ, Fondaction invest $13.5 mln in JLD-Laguë buy
Fonds de solidarité FTQ and Fondaction have together invested $13.5 million in JLD-Laguë Group, a Laval, Québec-based John Deere dealer specializing in agricultural equipment. Fonds de solidarité FTQ invested $10 million, while Fondaction invested $3.5 million. The proceeds were used by the company to acquire Québec City-based Transdiff and Centre de Transmission JDH, which sell, service and repair Peterbilt trucks. JLD-Laguë, which operates in Québec and Eastern Ontario, said the acquisition will add to its capabilities in diesel mechanics, original-equipment-manufacturing sales and aftermarket support.
11 June 2019•3 mins read
