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Echoing the emotions of strategic alignment and development, Serge Lavoie, president and CEO of ICPEI, remarked, “This acquisition is clearly consistent with ICPEI’s strategic objectives to broaden insurance coverage distribution throughout the nation and pave the way in which for even better collaborations on the Canadian market.”
The choice to expedite the acquisition comes after Desjardins’ preliminary minority curiosity buy in ICPEI in February 2023, with an unique timeline set for a whole acquisition inside three to 5 years.
Prompted by favorable market situations and ICPEI’s adherence to partnership commitments, Desjardins accelerated its acquisition technique. This transfer aligns with Desjardins’ broader goals of development and proactive engagement in key sectors.
This acquisition stands as a major milestone for Desjardins, ICPEI, and their partnering brokers, promising enhanced companies for Canadian companies and avenues for development in strategic sectors.
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