GLV Group completes the sale of its business unit GL&V Fabrication located in Trois-Rivières

MONTREAL, Nov. 18, 2013 /CNW Telbec/ - GLV Inc. (GLV Group) announces the sale of its business unit GL&V Fabrication, located in Trois-Rivières, to a group of four members of the local management team. "For many years, we wanted to ensure a long-term future for all employees of this business unit. I am very confident that the new owners will manage to seize new market opportunities that will enable the new company to grow", said Richard Verreault, President and Chief Executive Officer of GLV Inc.

This sale comes after GLV Group has said on several occasions over the past few years that manufacturing equipment was no longer a central sector of activity in its business strategy. GLV Group maintains business ties with the new company, for which a new name will be announced shortly.

About GLV Group (GLV Inc.)

GLV Group is comprised of international businesses primarily active in the sectors of water treatment (Ovivo) and pulp and paper (GL&V Pulp and Paper) that offers comprehensive technological solutions as well as services and equipment tailored to the needs of its customers. GLV Group's business units operate in more than 25 countries and employ approximately 2,100 employees. GLV Inc. is a public company whose shares are traded on the Toronto Stock Exchange under the symbols GLV.A and GLV.B. www.glv.com

SOURCE: GLV Inc.

For further information:

Investors :
François Dufresne
Chief Financial Officer
Tél. : + 1 514 842-7236
communications@glv.com

Profil de l'entreprise

GLV Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.