Airmedic, the emergency medical transport company, is governed by the Companies’ Creditors Arrangement Act (CCAA). The forwarder has been looking for a new buyer for several months.
In a press release on Thursday, Airmedic announced that it has joined this rescue effort. Airmedic declined to answer questions from Radio-Canada.
The Companies’ Creditors Arrangement Act (CCAA) is a federal law that allows bankrupt companies that owe their creditors more than $5 million to restructure their affairs and finances.
we can read on the Canadian government’s website.
Founded in the region and based in Saint-Honoré, the company indicates [qu’elle] has reached an agreement with its major secured creditors to enable the company to continue its business operations without interruption
.
Airmedic Group states that it is in the process of diversifying its holdings. In other words, she’s still looking for a buyer.
The company Helico Secours, in turn, said in May this year that it was open to an acquisition or an investment by Airmedic. Remember that at the time the group had refused to make any connection to the financial difficulties of its owner Stéphan Huot and the Quebec Huot Group.
With information from Michel Gaudreau
Incurable food practitioner. Tv lover. Award-winning social media maven. Internet guru. Travel aficionado.
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