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Contiweb formalizes independence on 40th anniversary

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Contiweb, a renowned specialist in state-of-the-art technologies for advanced drying and web-handling products for printing, today announces that it is officially operating as an independent company.

The formalization of its independence, which coincides with the company’s 40th anniversary, sees Contiweb further cement its position as a leader in web offset solutions and continue to enhance its offering in the digital market as well as the label and packaging sector. Previously a subsidiary of Goss International, which has now merged with manroland web systems, Contiweb will continue to operate under ownership of American Industrial Partners (AIP), an investment company focused on building middle market industrial companies.

“We are excited to be celebrating this double milestone,” says Bert Schoonderbeek, Managing Director at Contiweb. “Beyond enabling us to continue to develop cutting-edge solutions that provide the best answer to our customers’ challenges, this new direction will also allow us to drive brand awareness across the globe and form close partnerships with our customers, suppliers and our diverse group of OEM partners, including Goss and manroland.

“Over the past 40 years, we have built a reputation as a frontrunner in web offset thanks to our innovative result-led solutions. These include the Contiweb Ecoset dryer that provides our customers with production reliability with incredible energy efficiency, and more recently, the Contiweb Thallo web offset packaging press. With the flexible packaging market continuing to grow at a steady pace, we believe that the press’ distinctive production capabilities will play a vital role in expanding our customer base and fortifying our foothold within this sector.”

Comprehensive Customer Care and Dedicated Worldwide Dealer Network
Over four decades, Contiweb has developed a wide range of business-enhancing tools and services to optimize productivity and propel the competitiveness of its customers operations. These include a global 24-hour parts delivery and help desk, providing customers with around-the-clock service to maintain uptime and increase throughput.

Commenting on the impact that Contiweb’s independence will have on customers, Rutger Jansen, Director Sales, explains: “This announcement sees our service and communication channel remain unchanged for both existing and new customers. We will continue to liaise directly with European and American businesses and strengthen our relationships with customers beyond this region via the creation of a global sales and service network.”

Comprising of well-established print suppliers, the network will continue to drive sales of Contiweb’s innovative web offset, digital, label and packaging and web finishing solutions as well as provide customers with comprehensive support and training.

Schoonderbeek concludes: “We would like to congratulate both Goss and manroland on their merger and particularly thank Goss for its constant support over the years. We look forward to nurturing this long-established relationship in a new capacity.”

To find out more information about regional sales channels, please contact us.

Contiweb
Ir. Wagterstraat 10
P.O. Box 203
5830 AE Boxmeer
The Netherlands
Phone : (+31) 485 597 111
Phone 24/7: (+31) 485 597 333
[email protected]

August 20, 2018

manroland web systems and Goss International complete business combination

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Press Release
001/2018 | 2018-08-17 | ½

manroland web systems and Goss International complete business combination

Forward-looking merger enables global market presence, broad product range, technological excellence, long-term comprehensive customer support, and e-business in the web-fed printing market.

manroland web systems and Goss International (“Goss”), both long-time web offset printing manufacturers and service providers, announce that they have completed the transaction to combine their businesses. The new company will operate under the brand name “manroland Goss web systems” and will be the strongest supplier to web printing companies worldwide.

Alexander Wassermann, CEO of manroland web systems, will become CEO of the new company with global headquarters in Augsburg, Germany. The company’s North American headquarters will be in Durham, NH. Mohit Uberoi, previous CEO of Goss International, will stay connected with the business as a board member and assist the management team with business integration.

The shareholders of manroland web systems and Goss International, the Lübeck-based Possehl Group and NY-based American Industrial Partners (AIP) respectively, will both remain shareholders of the new company supporting the established business-building strategy.

The Contiweb business as well as the manroland web production business are not included in this transaction and will stay independent as AIP and Possehl portfolio companies, respectively.

Merger for synergies, innovation, consistent customer orientation, and optimized services

Alexander Wassermann, CEO of manroland Goss web systems, has clear plans: “Both manroland web systems and Goss International were on a sustainable path to success. We will strengthen this path by increasing our global reach, continuing our innovative and focused R&D activities, and enhancing our market presence through targeted consolidation. Our customers will be able to choose from an even broader portfolio of products and services, supported by the industry leading e-commerce platform MARKET-X.”

manroland Goss web systems will concentrate on four main business areas: System Solutions (highly automated press and post-press equipment including pre-owned offerings, press relocations), Engineered Solutions (mechanical, automation and closed-loop solutions for all types of presses), Service Solutions (best-in-class service in parts, labor, tele-support and performance based service agreements) and E-Commerce Solutions (electronic marketplace for efficient ordering and logistics performance for all suppliers to the web offset industry).

The starting point for the merger is promising, with the new company relying on the combined expertise of its 1000+ employees and its suppliers. Both manroland web systems and Goss will leverage their successful structural and technological developments in recent years within new product development, expansive aftermarket product offerings and development of a lean business structure in line with overall market trends to build a strong business platform for the future.

With its broad range of products and services, the new company will be the high-performance partner for all web printers. The common goal is to support the performance of customers with a “best of the best” approach. Starting August 17th, 2018, the combined company will work actively with all customers on a positive development of the web-fed printing business.

The manroland Goss Group is the leading supplier of web-offset printing solutions: System Solutions for highly automated press and post-press equipment, Engineered Solutions for mechanical, automation and closed-loop upgrades for all types of presses, Service Solutions for parts and labor, tele-support and service level agreements 24/365, and E-commerce Solutions for all suppliers to the web offset industry and beyond.

manroland Goss Group
86219 Augsburg
Dr. Daniel Raffler
Office +49 (0) 821 424 45 85
Cell phone +49 (0) 170 92 62 891
[email protected]
Photos can be downloaded via
www.manrolandgoss.com

Photos can be downloaded via www.manrolandgoss.com
This press release contains projections for the future based on the well-founded assumptions and prognoses of the management of manroland web systems NewCo GmbH. Though management believes these assumptions and estimates to be correct, actual developments in the future, as well as actual operating results, may deviate from those put forward by management due to factors beyond the control of the company, such factors to include, for example, fluctuating exchange rates, changes within the graphic arts industry, or any other unforeseen economic and/or market transformations. manroland web systems NewCo GmbH makes no guarantees that future developments and/or future operating results will match any of the numbers and/or statements put forth in this press release, and assumes no liability if such situations arise. Furthermore, no responsibility is assumed for updating any of the statements and/or figures contained.

About American Industrial Partners
American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 70 transactions and currently has $4.1 billion of assets under management on behalf of leading pension, endowment and financial institutions. For more information on AIP, visit www.americanindustrial.com.

L3 Completes Sale of Vertex Aerospace Businesses

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L3 Completes Sale of Vertex Aerospace Businesses

July 03, 2018 11:48 AM Eastern Daylight Time

NEW YORK–(BUSINESS WIRE)–L3 Technologies (NYSE:LLL) announced today that on June 29, 2018 it completed the previously announced sale of its Vertex Aerospace businesses to American Industrial Partners for $540 million in cash, subject to customary adjustments. The sale included the Crestview Aerospace and TCS business units, which were part of L3’s Aerospace Systems business segment. Vertex Aerospace provides aviation logistics services, supply chain management, and maintenance, repair and overhaul services. Crestview Aerospace provides select rotary aircraft component fabrication and assembly, and TCS provides select engineering services and logistics support.

“The sale of Vertex is another positive step that will enable us to reshape and align our portfolio with customers’ priorities”

“The sale of Vertex is another positive step that will enable us to reshape and align our portfolio with customers’ priorities,” said Christopher E. Kubasik, L3’s Chairman, Chief Executive Officer and President. “We will use the proceeds from the sale to continue our strategy of investing in businesses that position our company for growth.”

Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2017 sales of $9.6 billion.

To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Contacts
L3 Technologies
Corporate Communications
212-697-1111

L3 Signs Definitive Agreement to Sell Its Vertex Business to American Industrial Partners

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L3 Signs Definitive Agreement to Sell Its Vertex Aerospace Business to American Industrial Partners

May 01, 2018 07:00 AM Eastern Daylight Time

NEW YORK–(BUSINESS WIRE)–L3 Technologies (NYSE:LLL) announced today that it has entered into a definitive agreement to sell its Vertex Aerospace business to American Industrial Partners for $540 million in cash. As part of the agreement, L3 will also sell its Crestview Aerospace and TCS business units, which are included in the Aerospace Systems business segment.

“This is a strategic step toward optimizing L3’s portfolio. We will use the proceeds from the sale to invest in the continued growth of L3, consistent with our capital allocation strategy and plans.”

“We’re pleased with this divestiture process,” said Christopher E. Kubasik, L3’s Chief Executive Officer and President. “This is a strategic step toward optimizing L3’s portfolio. We will use the proceeds from the sale to invest in the continued growth of L3, consistent with our capital allocation strategy and plans.”

This transaction is anticipated to be completed in the summer of 2018, subject to customary closing conditions and regulatory approvals. The Vertex Aerospace results of operations were reported as discontinued operations beginning in the fourth quarter of 2017, and Crestview Aerospace and TCS were reported as assets held for sale in continuing operations. The company expects to record a gain on the sale of these businesses.

Vertex Aerospace provides aviation logistics services, supply chain management, and maintenance, repair and overhaul services. Crestview Aerospace provides select rotary aircraft component fabrication and assembly, and TCS provides select engineering services and logistics support. For the year ended December 31, 2017, Crestview Aerospace and TCS generated $115 million of net sales, which were included in the Aerospace Systems segment results.

Moelis & Company LLC served as the financial advisor to L3 in connection with the transaction. Simpson Thacher & Bartlett LLP served as legal advisor to L3.

Headquartered in New York City, L3 Technologies employs approximately 31,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2017 sales of $9.6 billion.

To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Contacts
L3 Technologies
Corporate Communications
212-697-1111

American Industrial Partners Completes Acquisition of Rand Logistics, Inc.

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Jersey City, NJ March 1, 2018

Rand Logistics, Inc. (“Rand” and, together with its subsidiaries, the “Company”), a leading provider of bulk freight shipping services throughout the Great Lakes Region, announced today that American Industrial Partners (“AIP”) has completed its acquisition of the Company. AIP is a New York-based private equity firm with over $4.0 billion of assets under management that has focused on buying, improving and growing industrial businesses in the U.S. and Canada for over 20 years.

The transaction, which includes the confirmation of the prepackaged Chapter 11 Plan related to Rand and certain of its subsidiaries was consummated after all conditions to effectiveness in the Plan were satisfied or waived. As a result, the Company has emerged from Chapter 11 with a materially delevered balance sheet and dramatically reduced annual interest expense. By virtue of the acquisition of the Company by AIP, Rand now enjoys its strongest financial position in recent years.

“We are pleased to have completed the transaction and to be partners with a leading private equity firm that shares our vision for Rand’s future,” commented Edward Levy, President and Chief Executive Officer of Rand. Mr. Levy added, “The transaction has recast our balance sheet and positions the Company for continued customer service and growth.”

“We are thrilled to partner with Rand and its leadership team to welcome a new beginning for a clear market leader in shipping and logistics on the Great Lakes,” said Jason Perri, a Partner of AIP. “Rand’s track record of reliability, safety, and service in moving critical raw materials among world class customers between ports on the Great Lakes speaks for itself. We are pleased to help Rand reduce its debt burden and restore its financial health for the benefit of all stakeholders, especially customers and employees, and look forward to working with Rand to continue to improve its operations and broaden its capabilities as a new platform for growth under our ownership.”

About Rand Logistics Rand Logistics, Inc. is a leading provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of three conventional bulk carriers and twelve self-unloading bulk carriers including three tug/barge units. The Company is the only carrier able to offer significant domestic port-to-port services in both Canada and the U.S. on the Great Lakes. The Company’s vessels operate under the U.S. Jones Act – which reserves domestic waterborne commerce to vessels that are U.S. owned, built and crewed –and the Canada Coasting Trade Act – which reserves domestic waterborne commerce to Canadian registered and crewed vessels that operate between Canadian ports.

About American Industrial Partners
American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 70 transactions and currently has $4.1 billion of assets under management on behalf of leading pension, endowment and financial institutions. For more information on AIP, visit www.americanindustrial.com.

CONTACT:
Rand Logistics, Inc.
Corporate Communications:
Annemarie Dobler
(212) 863-9429
[email protected]

Contiweb to become independent

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Contiweb, a renowned specialist in state-of-the-art technologies for advanced drying and web-handling products for printing today announced its plan to formalize its separation and operate as an independent company. Today Goss and manroland web systems announced the combination of their printing press businesses, with expected completion in mid-2018, subject to regulatory [and other] approvals. After transaction close, Contiweb will become a separate company under the ownership of American Industrial Partners with operations headquartered in Boxmeer, Netherlands

As an independent company, Contiweb will continue its growth agenda in becoming the premier ancillary supplier for Commercial and Digital Inkjet printing applications and press supplier for Label & Packaging applications. In addition, Contiweb will also continue its strong focus on product lifetime support by offering its full suite of aftermarket solutions for customers

Bert Schoonderbeek, Managing Director at Contiweb sees this development as a natural step, following the Contiweb repositioning in 2016. “We will continue to build upon our successful relationship with both Goss and manroland and are looking forward to continuing the cooperation as a strong partner of the combined company as we pursue other diversification opportunities. “Contiweb’s separation marks a new era for further growth of the company.“

Until transaction close, sales and service channels will remain unchanged.

March 1, 2018

American Industrial Partners Acquires The Brock Group

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October 30, 2017

American Industrial Partners Acquires The Brock Group

HOUSTON, TX – The Brock Group, a Houston-based provider of mission critical services to the refining, petrochemical, power generation and other industries, announced today that American Industrial Partners (AIP) has acquired majority ownership of the company. AIP is a New York-based private equity firm that focuses on buying, improving and growing industrial businesses in the US and Canada. Through the transaction, a substantial new money investment has added meaningful liquidity and capital resources to the company’s balance sheet, putting Brock in the strongest financial position in recent history.

“Today’s announcement represents an extremely positive step for the future of our company,” said Brock Chairman and Chief Executive Officer Mike McGinnis. “Brock’s leading position as a trusted supplier of services for large scale capital projects, critical maintenance and turnarounds will be further solidified with AIP as a partner. Furthermore, AIP’s investment in Brock significantly reduces our debt, strengthens our balance sheet and enables us to make new investments to enhance our commitments to our customers and drive the growth of our company. AIP’s expertise in industrial-sector businesses and collaborative management style will help position us to take advantage of the significant marketplace opportunities we see.”

AIP will work with management and employees to implement an operating agenda and business transformation that will substantially enhance Brock’s already excellent ability to service its customers and grow its presence in existing and new end markets. Over time, AIP will look to add to Brock’s portfolio of soft crafts and services in order to continue to solidify the company’s position as a one-stop shop for customer needs on-site.

“We are thrilled to partner with Brock and its leadership team to welcome a new beginning for a clear market leader in the industrial services space,” said Jason Perri, a Partner of American Industrial Partners. “Brock’s track record of unparalleled service and safety in providing mission-critical services to some of the largest companies in the world speaks for itself, and fits well with AIP’s goal of working together with great businesses to help them achieve their full potential.”

* * *

About The Brock Group
The Brock Group is a leading provider of industrial specialty services with headquarters in Houston, Texas, and operating units in the United States and Canada. The company supports routine maintenance, turnarounds and capital projects by providing services including scaffolding and work access, insulation, coatings/linings, and asbestos abatement, as well as additional associated services. Brock has longstanding relationships with a broad array of customers including some of the largest Fortune 500 companies in the oil & gas, refining, petrochemical, power generation, LNG and pharmaceutical industries. For more information on Brock, visit www.brockgroup.com.

About American Industrial Partners
American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 70 transactions and currently has $4.1 billion of assets under management on behalf of leading pension, endowment and financial institutions. For more information on AIP, visit www.americanindustrial.com.

Valmont Announces Sale of Mining Consumables Business

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August 24, 2017

Omaha, NE – Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and mechanized irrigation equipment and services for agriculture, today announced a definitive agreement to sell its Australian mining consumables business to Moly-Cop, a portfolio company of American Industrial Partners, a private equity firm headquartered in the United States. This business, known as Donhad Pty. Ltd., was acquired as part of Valmont’s acquisition of Delta plc in May 2010 and is reported as part of the Company’s Energy and Mining segment, generating $83.1 million in revenues in 2016. The Company plans to use the proceeds from the sale to reinvest in opportunities to grow and improve its existing infrastructure and agricultural businesses. The closing of the transaction is subject to customary conditions and is expected to be completed by the end of 2017, the timing of which is also dependent upon receiving Australian regulatory approvals. No further transaction details were disclosed.

Moly-Cop is a leading global manufacturer of grinding media used primarily by global copper, gold, and iron ore producers to break down ore in the primary phase of mineral concentration. Moly-Cop is the industry’s innovator and has deep technical knowledge in both the underlying metallurgy of its high-performance products and the specific product application requirements of its customers. Moly-Cop was acquired by American Industrial Partners in January 2017.

American Industrial Partners is an operationally-oriented middle-market private equity firm that makes control investments in industrial businesses serving domestic and global markets. The Firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 70 transactions and currently has USD$4.1 billion of assets under management on behalf of leading pension, endowment and financial institutions.

Valmont is a global leader, designing and manufacturing highly engineered products that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its mechanized irrigation equipment for large-scale agriculture improves farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service lives of steel and other metal products.

This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that management has made in light of experience in the industries in which Valmont operates, as well as management’s perceptions of historical trends, current conditions, expected future developments and other factors believed to be appropriate under the circumstances. As you read and consider this release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (some of which are beyond Valmont’s control) and assumptions. Although management believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Valmont’s actual financial results and cause them to differ materially from those anticipated in the forward-looking statements. These factors include among other things, risk factors described from time to time in Valmont’s reports to the Securities and Exchange Commission, as well as future economic and market circumstances, industry conditions, company performance and financial results, operating efficiencies, availability and price of raw material, availability and market acceptance of new products, product pricing, domestic and international competitive environments, and actions and policy changes of domestic and foreign governments. The Company cautions that any forward-looking statement included in this press release is made as of the date of this press release and the Company does not undertake to update any forward-looking statement.

Contact Jeff Laudin
Phone: 402-963-1158
Fax: 402-963-1198

Canam Group Announces Completion of Going-Private Transaction by a Group of Investors led by the Dutil Family

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July 1, 2017

All amounts in this press release are in Canadian dollars unless otherwise specified.

(Saint-Georges, QC) — Canam Group Inc. (TSX: CAM) (“Canam” or the “Corporation”) announced today the successful completion of the previously announced statutory arrangement under the Business Corporations Act (Québec) (the “Arrangement”) pursuant to which Canaveral Acquisition Inc. (the “Purchaser”), a company held by members of the Dutil family (the “Family Group”), American Industrial Partners, Caisse de dépôt et placement du Québec (“Caisse”) and Fonds de solidarité FTQ (“FSTQ” and, collectively with the Family Group and Caisse, the “Rollover Shareholders”), has acquired all of the issued and outstanding common shares of Canam (the “Shares”), except for the Shares contributed directly or indirectly by the Rollover Shareholders to the Purchaser (the “Rollover Shares”) in exchange for shares of the Purchaser, for a cash consideration of $12.30 per Share.

The Purchaser has delivered to Computershare Trust Company of Canada (“Computershare”), the depositary for the Arrangement, sufficient funds to enable it to make payments to the Shareholders (other than Rollover Shareholders) pursuant to the terms of the Arrangement. In accordance with the Arrangement, payment will be made by the depositary to the Shareholders (other than Rollover Shareholders) as soon as practicable following the date hereof.

Letters of transmittal have been mailed to registered Shareholders and are also available under the profile of Canam at www.sedar.com. The letter of transmittal explains how registered Shareholders can deposit and obtain payment for their Shares. Registered Shareholders must return their duly completed letters of transmittal to Computershare in order to receive the consideration to which they are entitled for their Shares. Non-registered Shareholders should carefully follow the instructions from the broker, investment dealer, bank, trust company, custodian, nominee or other intermediary that holds Shares on their behalf.

It is anticipated that the Corporation’s Shares will be delisted from the Toronto Stock Exchange at the end of trading on or about July 5, 2017.

About Canam Group Inc.

Canam specializes in designing integrated solutions and fabricating customized products for the North American construction industry. Each year, Canam takes part in an average of 10,000 building, structural steel and bridge projects, which can also include the supply of preconstruction, project management and erection services. The Corporation operates 23 plants across North America and employs over 4,650 people in Canada, the United States, Romania and India.

About American Industrial Partners

American Industrial Partners is an operationally oriented middle-market private equity firm that makes control investments in North American-based industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, American Industrial Partners has completed over 70 platform and add-on transactions and currently has US$4.1 billion of assets under management on behalf of leading pension, endowment and financial institutions. American Industrial Partners invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with leading market shares with revenues of between US$200 million to US$2 billion.

About Caisse de dépôt et placement du Québec

Caisse is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2016, Caisse held $270.7 billion in net assets. As one of North America’s leading institutional fund managers, Caisse invests globally in major financial markets, private equity, infrastructure and real estate.

About Fonds de solidarité FTQ

FSTQ is a development capital fund that channels the savings of Quebecers into investments. As at November 30, 2016, the organization had $12.2 billion in net assets, and through its current portfolio of investments has helped create and protect over 187,000 jobs. FSTQ is a partner in more than 2,600 companies and has nearly 618,000 shareholder-savers. For more information, visit fondsftq.com.

Caution Regarding Forward-looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. All statements other than statements of historical facts included in this press release, including statements regarding the prospects of the industry and prospects, plans, financial position and business strategy of Canam, may constitute forward-looking statements within the meaning of Canadian securities legislation and regulations. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe” or “continue”, the negatives of these terms, variations of them and similar expressions.

The forward-looking statements in this document reflect the Corporation’s expectations on the date hereof and are subject to change after that date. The Corporation expressly disclaims any obligation or intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.

– 30 –

Information
François Bégin
Vice President, Communications
Canam Group Inc.
418-228-8031/ 418-225-1355 (mobile phone)
[email protected]

Goss Adds to Portfolio with Acquisition of Loudon Machine, Inc.

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DURHAM, N.H. May 8, 2017 – Continuing its trajectory of strategic growth, Goss International today
announced the acquisition of Loudon Machine, Inc. in an asset transaction.

“This is our second acquisition in 2017 to help grow our aftermarket business and enhance our product offerings,” says Stan Blakney, Chief Operating Officer of Goss. “This purchase focuses on the post-press segment of the market, and enables us to enhance our bindery products and service –
parts capabilities.”

Based in Effingham, Illinois, Loudon Machine is a full-service company focused on the commercial printing industry. They specialize in the worldwide supply of new and refurbished bindery equipment, parts and service, with a product line extending from saddle stitchers, feeders and bases to shuttle hoppers, test stands, and trimmers. In addition to their printing industry expertise, Loudon has several custom manufacturing services.

“Boone and I are excited to join the Goss family. Together, we are in a much stronger position to service our customers long into the future,” says Loudon co- owner Noah Brandenburger.

Goss and Loudon will work synergistically to further expand their joint capabilities in the finishing and bindery segment of the commercial printing business, while augmenting the scope of Goss’ customer service range.

Blakney says, “We want to be able to fulfill customers’ needs for new and refurbished equipment throughout, from press to post-press. Loudon enhances our capabilities as we continue to push down the path towards expanding our aftermarket business. We will continue to look for additional
opportunities for both organic and inorganic growth.”

Mohit Uberoi, Chief Executive Officer and President of Goss adds, “We are very pleased with the progress made at Goss under the ownership of our shareholder American Industrial Partners. We look forward to announcing more acquisitions and collaboration deals in the near future, reaffirming our commitment to the printing industry.”

Contacts:
Goss International: Corporate, EMEA and Americas – Layla Stevenson
([email protected]) 603-750-6711

Additional information about Goss may be found on the Goss website:
http://www.gossinternational.com/