# Champlain Financial leads investment consortium to support Manulift growth

Champlain Financial Corporation, with Fondaction and Desjardins Capital, invested in Quebec City-based Manulift, a distributor of Merlo telehandlers, to support its pan-Canadian growth strategy. No deal value was disclosed.

- Type: Investment
- Announced: 2024-11-20
- Where: Quebec City, Quebec, Canada
- Status: announced
- Products: telehandlers, lifting equipment, aerial work platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Manulift](https://endata.com/companies/81203.md)
- [Desjardins Capital](https://endata.com/companies/9526.md) (investor)
- [Fondaction](https://endata.com/companies/9527.md) (investor)
- [Champlain Financial Corporation](https://endata.com/companies/12356.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/champlain-supports-the-growth-of-manulift-with-fondaction-and-desjardins-capital-as-key-partners-848753618.html), 2024-11-20: "Manulift sees this partnership as a growth catalyst and an excellent opportunity to share best practices with Champlain."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.