April 18, 2024

The Queens County Citizen

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CDPQ invests in a Laval company that builds modular buildings for schools

CDPQ invests in a Laval company that builds modular buildings for schools

A Laval company specializing in prefabricated modular buildings for schools, AMB Modulare, can count on financing from the Caisse de dépôt et placement du Québec (CDPQ) to accelerate its growth.

This investment will enable the completion of the transfer process between shareholders Lise Bernier and Jacques Latreille and their two sons, Marc and Philippe Latreille.

“As a long-term investment partner, CDPQ is proud to facilitate and support the takeover process planned by the Bernier-Latreille family, to ensure the stability and growth of a successful Quebec company.”, confirmed by Monday’s press release Kim Thomasin, First Vice-President and Head, Quebec, CDPQ.

“With this investment, CDPQ will allow AMB Modular to accelerate its growth plan in Canada, as well as support the two young co-presidents in achieving their ambitions,” she added.

“My brother and I have ambitious goals for AMB Modular, and we believe this new partnership with CDPQ will lead to further growth for our company, particularly in Eastern Canada and in the private sector,” he said. Philippe Latreille, Co-President, Finance and Development, for AMB Modulare.

No details were given on the amount invested by CDPQ in the Quebec company.

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