Mecfor poised for growth

Mecfor poised for growth

Benefiting from a major investment by its new Canadian financial partner—SeaFort Capital—and from a strong and unchanged management team, the Quebec-based company has become independent and now wants to double its revenues.

Mecfor is committed to a development plan focused on mergers and acquisitions in the primary and secondary aluminium sector, innovation and diversification towards rail maintenance equipment and the nuclear sector.

"We are pleased to announce this historic transaction, which gives Mecfor a new financial partner, providing access to capital and resources that will enable us to accelerate our ambitious development plans. We aim to reach new heights by focusing on a bold strategy based on mergers, acquisitions, sustained investment in innovation, and operational diversification," says Éloïse Harvey, B. Eng. & Mgmt, President of Mecfor.

Through this transaction, which consolidates over 85 jobs at its factory and headquarters in Chicoutimi, Mecfor becomes independent from Groupe Ceger. Mecfor now has the financial resources and the necessary capacity to continue its growth.

The Quebec company is considering several merger and acquisition projects, both in Quebec and at the international level, and is actively engaged in discussions with key players in the primary and secondary aluminum sectors. Mecfor's growth will be accompanied by significant investments in innovation, especially in artificial intelligence, and by the development of its rail maintenance equipment operations.

For more information visit: www.mecfor.com

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