Multinautic : Acquisition of a block of shares

Desjardins Capital has joined forces with Louis G. Langelier and Jean-Philippe Michaud to acquire the 2/3 of the shares of Distribution Multi Online and Maintenance JV, to ensure the continued growth of the companies. Following the transaction, Mr. Michaud and Mr. Langelier joined Christian Verronneau on the management team.

 

 

Founded in 1974, the group is a leader in the design and distribution of DIY dock kits for lakeside residents. Multinautic® dock systems are available in Canada, the U.S. and online. The group also offers ramp kits for small boats, jet skis and kayaks, as well as floats and various nautical accessories. www.multinautic.com

 

Yanick Normand
Investmement Manager
514 281-7489
yanick.normand@desjardins.com
Jean-Philippe Coiteux
Investment Manager
450 978-2250, ext. 7302242
jean-philippe.coiteux@desjardins.com