SAINT-BRUNO-DE-MONTARVILLE, Quebec, April 27, 2026 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) announced today the completion of the previously announced transaction (the “Transaction with Financière Outremont”) with Colabor 2026 L.P., acting through its general partner 9563-0570 Québec Inc., a member of the group of Financière Outremont inc., pursuant to which Colabor 2026 L.P. has acquired substantially all of the assets of the Company and of its subsidiaries Norref Fisheries Quebec Inc. and Transport Paul-Émile Dubé Ltée. The closing of the Transaction with Financière Outremont marks the completion of the four transactions (collectively, the “Transactions”) contemplated by the previously announced definitive agreements (the “Definitive Agreements”) entered into in connection with the sale and investment solicitation process (the “SISP”) conducted under the supervision of the Superior Court of Québec (Commercial Division) (the “Court”) and Raymond Chabot Inc., in its capacity as Court-appointed monitor of the Company (“Monitor”) in connection with the restructuring proceedings (the “CCAA Proceedings”) of the Company and certain of its subsidiaries, Transport Paul-Émile Dubé Ltée, Le Groupe Resto-Achats Inc. and Norref Fisheries Quebec Inc., instituted on January 8, 2026, under the Companies’ Creditors Arrangement Act (Canada).
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