Content area

Abstract

GCO operates in the engineering, information technology and systems maintenance sectors. GCO is capable of intervening in all aspects of industrial engineering and information technology (IT), thus combining a major and distinctive niche in comparison with the competition. GCO integrates new technologies or optimizes existing systems by applying cutting-edge expertise currently used in the best practices of small and medium-sized businesses, including the expertise of large corporations.

Omnitech Consultant Group Inc. ("GCO") (TSX VENTURE:GCO) that it has signed an offer to acquire all the issued and outstanding common and non-voting preferred shares of Inverse Inc. ("Inverse") from all of Inverse's shareholders. Inverse is the exclusive property of Mario S. Leblanc, Gestion Mario S. Leblanc Inc., a company controlled by Mario S. Leblanc and Fiducie familiale Leblanc, the trustees of which are Mario S. Leblanc and Philippe McGale. The offer to purchase was accepted on May 16, 2005. The offer to purchase was negotiated between parties acting at arms' length. Prior to the closing of this transaction, a capital restructuring of Inverse will be performed to create a new class of non-voting preferred shares to be issued in equal proportions to Mario S. Leblanc and Fiducie familiale Leblanc.

Details

Title
GCO's Fifth Acquisition in Three Months: Omnitech Consultant Group Inc. Acquires Inverse Inc. for 6 M$
Pages
1
Publication year
2005
Publication date
May 17, 2005
Publisher
Intrado Digital Media Canada Inc.
Source type
Trade Journal
Language of publication
English
ProQuest document ID
447667096
Copyright
Copyright CCNMatthews May 17, 2005