Placements CMI (Marcel Dutil family), the Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ sign a definitive agreement with the majority shareholder to acquire all of Canam Group's Canadian operations, as well as certain assets in the United States and all overseas assets.
In order to increase its production capacity, Canam acquires Supermétal, which supplies, manufactures and installs structural steel. The company operates three plants in Canada, as well as an engineering and detailing office in the Philippines.
Canam Group acquires Nico Metal Inc., which operates a structural steel plant in Trois-Rivières, Quebec.