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Instar Acquires Groupe Somavrac to Support Continued Growth - CanadianSME Small Business Magazine
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Quebec is investing $113 million to help Toronto's Instar firm take over Somavrac, a Trois-Rivières logistics company.
·Quebec City, Canada
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Instar Acquires Groupe Somavrac to Support Continued Growth - CanadianSME Small Business Magazine
Groupe Somavrac Inc. (“Somavrac” or the “Company”), a leading Québec-based infrastructure company serving strategic industries throughout the province and across Canada, and a consortium led by Instar Asset Management Inc. (“Instar”) and including Investissement Québec and the Fonds de solidarité FTQ, today announced a partnership that will support continuity, stability, and responsible stewardship as the Company enters its next phase. Founded i…
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