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Pelican International Inc. Initiates Sale Process And CCAA Proceedings - Canadian Manufacturing

Summary by Canadian Manufacturing
MONTRÉAL — On March 19, 2025, the Superior Court of Quebec issued orders in respect of Pelican International Inc., Pelican US Topco LLC, and Confluence Outdoor Inc. granting creditor protection and approving a sale and investment solicitation process (SISP) under the Companies’ Creditors Arrangement Act (CCAA). This decision was reportedly made to ensure the Pelican Group’s viability as a company in the paddle and nautical sports industry, and i…
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Pelican International Inc. Initiates Sale Process And CCAA Proceedings - Canadian Manufacturing

MONTRÉAL — On March 19, 2025, the Superior Court of Quebec issued orders in respect of Pelican International Inc., Pelican US Topco LLC, and Confluence Outdoor Inc. granting creditor protection and approving a sale and investment solicitation process (SISP) under the Companies’ Creditors Arrangement Act (CCAA). This decision was reportedly made to ensure the Pelican Group’s viability as a company in the paddle and nautical sports industry, and i…

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Canadian Manufacturing broke the news in on Friday, March 28, 2025.
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