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CDPQ Invests in Datamars, a Global Leader in Animal and Textile IdentificationMONTREAL, March 15, 2017 /CNW Telbec/ - Today, Caisse de dépôt et placement du Québec (CDPQ) announced an investment in Datamars, a leading player in the identification of animals and textiles. CDPQ will become the company's largest shareholder, alongside Datamars' senior management and Columna Capital, who have been invested in the company since 2011. Datamars is a global company based in Switzerland whose technology is used to identify and track livestock, companion animals and textiles. Through its emphasis on constant innovation and its ability to successfully acquire and integrate other companies, it has grown to be one of the leaders in each of the three segments in which it operates. Operating in an industry driven by fundamental trends, such as increasing global concerns regarding food safety, Datamars offers strong growth opportunities and is well-aligned with CDPQ's long-term investment strategy. "Datamars' management has been very successful in developing the company into a global leader in animal identification. Traceability has become an indispensable part of the agri-food sector given increasing food safety concerns worldwide, with identification as its linchpin. We are delighted to join forces with Klaus Ackerstaff and his team to support the company's growth strategy," said Stéphane Etroy, Co-head of Direct Investment, Private Equity at CDPQ. "I am delighted to have CDPQ on board as strong long term investors and supporters of our ontinued sustainable growth strategy, together with Columna we are positioned very strongly for the future," said Klaus Ackerstaff, CEO of Datamars. "Columna Capital is delighted to continue its investment in Datamars. We have found an excellent partner in CDPQ to support the next phase in the development of the company," said Rory Devlin, Managing Partner of Columna Capital. The transaction is subject to regulatory approvals. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC ABOUT DATAMARS ABOUT COLUMNA CAPITAL
SOURCE Caisse de dépôt et placement du Québec |