Groupe Gaudreault announces a partial sale of assets to Groupe Orléans Express inc.



    MONTREAL, Aug. 5 /CNW Telbec/ - Groupe Gaudreault agreed to sell some of
its assets to Groupe Orléans Express. Subject to approval by the
transportation regulatory and logistics authorities involved, the transaction
will give Groupe Orléans Express inc. the green light to handle through new
companies all of the Lanau Com, Lanau Mécano, Les Transports Fagnant, Sabem,
Autobus Lachenaie and Autocars Murray Hill operations and most of the Lanau
Bus operations. Consequently, areas to benefit from Groupe Orléans Express
inc. transit and intercity transportation services are the RCM Les Moulins,
RCM L'Assomption and a large section of the Lanaudière region under the
responsibility of the Conseil régional de transport de Lanaudière (Lanaudière
Regional Transport Council). Regarding school transportation, Groupe Orléans
Express inc. will shuttle students from des Affluents, des Samares and
Wilfrid-Laurier School Boards.
    "We're delighted that a world-class company such as Groupe Orléans
Express inc. has decided to acquire some of our assets. Service users will
continue to enjoy high quality transportation for their commute and our
employees will keep their jobs; those were two priorities for us," explained
Groupe Gaudreault's two owners/shareholders Manon and Martin Gaudreault.
    However, Groupe Gaudreault continues operations at its four other
business locations: Joliette, Saint-Jacques, Trois-Rivières and Anjou. So from
the Joliette terminal, Groupe Gaudreault will operate its charter division in
addition to the transit and intercity transportation in Greater Joliette and
the North section of Lanaudière region, along with school transportation for
des Samares School Board and part des Affluents School Board. School
transportation for the Chemin-du-Roy School Board and charter services will be
handled through the Trois-Rivières terminal. School transportation for the
Pointe-de-l'Ile, Marguerite Bourgeoys and Montreal School Boards as well as
charter services will be operated from the Anjou facilities. Some students
from des Samares School Board will be riding in buses provided by the
municipality of Saint-Jacques.

    About Groupe Gaudreault

    Groupe Gaudreault is a Quebec-based family business. Since 1951, it is
recognized as a leading people carrier in Quebec with over 50,000 passengers a
day and 500 vehicles. Groupe Gaudreault has offices across Quebec and provides
transit, intercity, school and charter transportation services and
transportation for handicapped people. Groupe Gaudreault has approximately 750
employees.

    
    BACKGROUNDER, GROUPE GAUDREAULT

    Groupe Gaudreault is a family business entirely owned by Manon and Martin
Gaudreault, grandchildren of founder the late Roméo Gaudreault. Groupe
Gaudreault is recognized as one of the most important passenger carriers in
Quebec with over 50,000 people brought to destination each day.

    In business since

    1951

    Services
    - School transportation
    - Charter transportation (deluxe motorcoaches)
    - Transit and intercity transportation
    - Transportation for handicapped people
    - Upkeep of vehicles

    Service areas

    At this time
    ------------

    - Transit and intercity transportation with connection to Montreal: RCM
      L'Assomption, RCM Joliette, RCM Montcalm, RCM Les Moulins, RCM
      d'Autray, RCM de la Matawini.
    - Charter transportation: across Quebec, Canada and United States.
    - School transportation: all school boards and many schools in the
      Lanaudière region, Chemin-du-Roy school board and numerous schools in
      the Mauricie region, Pointe-de-l'Ile, Marguerite-Bourgeoys and Montréal
      school boards and numerous schools in the Montréal region.
    - Upkeep of vehicles: Groupe Gaudreault is a Mechanical Inspection Agent
      certified by the SAAQ and also does bodywork and vehicules maintenance.

    Upon transaction completion
    ---------------------------

    - From Joliette
      - Charter transportation by motorcoaches and school buses across
        Quebec, Canada and United States.
      - Transit and intercity transportation in Greater Joliette and the
        North section of Lanaudière region
      - School transportation for des Samares school board and part of des
        Affluents school board
    - From Trois-Rivières
      - School transportation for the Chemin-du-Roy school board
      - Charter transportation
    - From Saint-Léonard
      - School transportation for the Pointe-de-l'Ile, Marguerite Bourgeoys
        and Montreal school boards
      - Charter transportation by school buses in the Montreal area.
    - From Saint-Jacques
      - Students from des Samares school board

    President and CEO

    Martin Gaudreault.

    Headquarters

    At this time
    ------------

    1,500 Raymond-Gaudreault, Repentigny, Quebec.

    Upon transaction completion
    ---------------------------
    540 de la Visitation, Saint-Charles-Borromée, Quebec.

    Other business locations

    Municipalité de Saint-Jacques
    20, rue Laurin,
    Ville de Trois-Rivières
    2755, rue Charbonneau
    Arrondissement de Saint-Léonard
    7880, boul. Métropolitain Est

    Number of employees

    At this time
    ------------

    Approximately 750 people in Quebec

    Upon transaction completion
    -----------------------------

    Approximately 450 employees

    Number of vehicles

    At this time
    ------------

    Transit and intercity transportation: 100 motorcoaches and urban buses,
some specially equipped to carry handicapped people
    School transportation: 500 buses
    Charter transportation: 13 luxury motorcoaches

    Upon transaction confirmation
    -----------------------------

    Transit and intercity transportation: 10 motorcoaches and urban buses
    School transportation: 310 school buses
    Charter transportation: 2 luxury motorcoaches and numerous specifically
adapted school buses

    Web Site

    www.groupe-gaudreault.com
    




For further information:

For further information: Gilles Corriveau, Enigma Communications, (514)
982-0308, ext. 207, Cell.: (514) 984-4184

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GROUPE GAUDREAULT

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