Colabor Announces a Change to Its Board of Directors
June 14 2022 - 5:30PM
Colabor Group Inc. (TSX: GCL) (“
Colabor” or the
“
Corporation”) announces the appointment of Mr.
Marc Beauchamp as Director of the Corporation, effective today.
Mr. Beauchamp joins the Board of Colabor as of
today.
Marc Beauchamp has more than 42 years of
experience in the private equity and venture capital industry. In
1981, M. Beauchamp founded Novacap, a Private Equity Investment
firm, now one of the most prominent buyout and growth equity firms.
Under his leadership, Novacap has helped various companies
accelerate their growth and achieve the status of worldwide player
in their respective markets. M. Beauchamp is an experienced
director who has been on a number of boards of directors, including
Novacap, several companies in its portfolio, and the endowment fund
of McGill University. He is a board member of the Fraser Institute
and is also involved in the "school perseverance program" of the
St-Vincent Paul Society. M. Beauchamp holds an HBA of the Ivey
School of Business in London, Ontario, and an MBA of the Columbia
University in New York. He was awarded several honors during his
career including “Outstanding Entrepreneur” by Les Nouveaux
Performants, “Builder of the Year” by the Commerce magazine, and
« Capital bâtisseur » by Réseau Capital.
« The appointment of M. Beauchamp to our
Board of Directors is excellent news and we extend to him our
warmest welcome », said Mr. Warren White, Chairman of the
Board. « His management experience combined with his
background in growth acceleration and value maximization will be
undeniable assets for the Corporation”.
Forward-Looking Statements
This news release contains certain statements
that may be deemed to be forward-looking statements reflecting the
opinions or current expectations of Colabor Group Inc. concerning
its performance, business operations and future events. Such
statements are subject to risks, uncertainties and assumptions. As
such, future performance, and actual results, realities or events
may differ materially. Except as required by law, the Company
assumes no obligation to update these forward-looking statements in
the event that management’s beliefs, estimates or opinions or other
factors change.
About Colabor:
Colabor is a distributor and wholesaler of food
and related products serving the hotel, restaurant and
institutional markets or "HRI" in Quebec and in the Atlantic
provinces, as well as the retail market. Within its two operating
segments, Colabor offers specialty food products such as fresh fish
and seafood, meat, as well as food and related products through its
Broadline activities.
Further information:
Pierre BlanchetteSenior Vice President and Chief
Financial Officer Colabor Group Inc.450-449-4911 ext.
1308investors@colabor.com |
Danielle Ste-MarieSte-Marie Strategy and
Communications Inc.Investor Relations450-449-0026 ext. 1180 |
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