SGF REACHED ITS OBJECTIVES IN 2007, WITH INVESTMENTS OF $233 MILLION. WHAT WERE ITS MAIN INVESTMENTS DURING THE YEAR?
In line with its three strategic orientations and its development plan, SGF invested $233 million in 2007. For example, SGF acquired 490,000 common shares of Logibec Groupe Informatique Ltd. (TSX: LGI) at a cost of $9.6 million as part of a private placement of 1,204,700 new shares issued by the company. Logibec, whose head office is in Montréal, is one of the 10 largest Canadian companies specializing in the development, marketing, implementation and support of information systems for the health and social services sector. In this way, SGF is involved in Logibec’s strategy of development through acquisitions. Another major undertaking was a $37.5-million investment in Induspac. Founded in 1977 by Paul Gaulin, Induspac is a high-performance company with its head office in Montréal. It employs 1,500 people at 29 operational sites. Since its inception, the company has developed specialized, high-value-added packaging solutions for the aerospace, automotive, medical technology, telecom an
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