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Groupe AFFI announces the acquisition of Abeilles Busy Bees thanks to a social mission loan
Groupe AFFI announces the acquisition of Abeilles Busy Bees thanks to a social mission loan ...
About this update from National Bank Of Canada
[{"type":"text","content":"\n \n \n \n Groupe AFFI announces the acquisition of Abeilles Busy Bees thanks to a social mission loan\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n BOUCHERVILLE, QC\n \n \n ,\n \n \n Aug. 24, 2023\n \n \n /CNW/ - Groupe AFFI, a social and not-for-profit enterprise specializing in industrial subcontracting and logistics outsourcing, is pleased to announce the acquisition of Abeilles Busy Bees, a company based in\n \n Anjou\n \n . This acquisition was made possible thanks to a\n \n social mission\n \n loan granted by National Bank and Investissement Québec.\n \n \n \n \n \n \n \n \n \n Founded more than 50 years ago, Groupe AFFI employs approximately 700 people, the majority of whom have functional limitations. Groupe AFFI has locations in the\n \n Montreal\n \n and\n \n Quebec City\n \n areas.\n \n \n This acquisition will expand the scope of Groupe AFFI's social mission, which is to offer a stimulating work environment to individuals with functional limitations. It will also enhance the enterprise's assembly, packaging, warehousing and distribution capacities, while improving the work environment for staff at its\n \n Anjou\n \n and\n \n Terrebonne\n \n locations, who will be reassigned to the premises of Abeilles Busy Bees.\n \n \n \"The acquisition of Abeilles Busy Bees, whose activities complement our own, is the next logical step in the rollout of our vision and strategy,\" said\n \n Patrick Biron\n \n , President and Chief Executive Officer of Groupe AFFI. \"Thanks to this acquisition, which was made possible with the support of National Bank and Investissement Québec, we will be able to expand the scope of our activities and access modern facilities equipped with cutting-edge automated systems. There will be many benefits for our employees and clients. This is a big step forward and I'd like to thank our financial partners for their leadership and social engagement.\"\n \n \n \"National Bank is pleased to offer a\n \n social mission\n \n loan to support Groupe AFFI in its mission,\" said\n \n I...