Champlain Financial Corporation acquires Équipement St-Germain to strengthen its leadership in Quebec's heavy machinery rental market, supported by Fondaction.

Information on the Target

Champlain Financial Corporation is proud to announce the acquisition of Équipement St-Germain Inc. and Excavations V. St-Germain Inc. (collectively referred to as 'Équipement St-Germain'), a well-known Quebec-based company specializing in the rental of heavy machinery for the construction industry. This strategic transaction, carried out in partnership with Fondaction, aims to strengthen Champlain's position in the commercial equipment rental market.

Founded in 2005, Équipement St-Germain has established itself as a leader in the rental of heavy machinery without operators in Quebec. With a fleet exceeding 600 pieces of equipment, the company serves multiple industries and is recognized for its customer service and extensive range of machinery that caters to diverse client needs.

Industry Overview in Quebec

The heavy machinery rental industry in Quebec plays a crucial role in the province's economic landscape, especially as it supports significant infrastructure, road, and construction projects. As the demand for such services continue