Ocean Group Acquires Verreault Shipyard

Ocean Group is proud to announce the acquisition of the Verreault Shipyard, located in Les Mechins in the Matanie region of Bas St-Laurent. Founded in 1956 by Captain Borromee Verreault, this shipyard specializing in ship repair and transformation occupies a prominent place in the Quebec and Canadian maritime sector. With this acquisition, Ocean Group has just increased its capacity and expertise to meet the needs of its customers.

“ Combining our expertise with that of  Verreault Shipyard embodies our desire to increase our service offering for the benefit of our customers. The synergy of our respective strengths, the sum of our experiences and the competence of our teams allow us to tackle this new milestone in our growth with confidence. For its 50th anniversary, we are giving ourselves all the necessary tools to even better face the exciting challenges that the future promises,” declared Jacques Tanguay, President and CEO of Ocean Group.

This new acquisition will allow Ocean Group to pursue its growth plan, which is essentially based on the expansion of its activities and its service offer in order to position itself favorably for larger-scale projects, in particular those arising from the National Strategy. of shipbuilding (SNCN) with the federal government.

It should be noted that Ocean Group has solid expertise in carrying out large-scale projects, in particular due to the major construction contract for four large tugs for the Canadian national defense, which will put the company in a better position than enviable for obtaining new contracts in shipbuilding and ship repair.

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