Ocean Group Acquires a Major Shipyard and Increases its Capacity

Ocean Group, a Québec City-based company that specializes in marine services, has acquired the largest dry dock in Canada by purchasing the Verreault shipyard in Les Méchins. Ocean Group will now be able to repair ships up to 800 feet long.

Thanks to this transaction, Ocean Group will be able to consider large-scale projects and become an important player in the National Shipbuilding Strategy (NSN). Moreover, the company will be able to provide service to a wider range of large vessels belonging to the Canadian Coast Guard. According to Jacques Tanguay, President and CEO of Ocean Group, this fleet will grow in the future.

BCF thanks Ocean Group for its trust and is proud to have acted on its behalf in this transaction with a team that includes Nicolas St-Sauveur, Pierre Lamontagne, Marie-Pier Baril, Laurence Lavertu, Audrey St-Pierre, Dominique Babin, Alex Harvey, Sophie Boulanger (Business Law/Mergers and Acquisitions), Anne-Frédérique Bourret, Odette Nadon and Jonathan Coulombe (Environment, Administrative and Municipal), Vanessa Gendron and Marianne Tardif (Notary), Chantal Mongrain and Julie Tremblay (Corporate Services).

To read the article, click here (in French only).