GLV Group
| File:Http://www.glv.com/files/114/GLV Logo en.jpg | |
| Public company | |
| Traded as | |
| ISIN | 🆔 |
| Industry | Industrial Manufacturing |
| Founded 📆 | Quebec, Canada (1975) |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Worldwide |
Key people |
|
| Products 📟 | Machinery and services for the pulp and paper, and water treatment industries. |
| Revenue🤑 |  CAD$ 585.2 million (2013)[1] |
 CAD$ 5.8 million (2013)[1] | |
| CAD$ (12.8 million) (2013)[1] | |
| Total assets | CAD$ 474.9 million (2013)[1] |
| Total equity | CAD$ 169.5 million (2013)[1] |
| Members | |
Number of employees | 2,100 (2013) [1] |
| Divisions |
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| 🌐 Website | www.glv.com |
| 📇 Address | |
| 📞 telephone | |
Groupe Laperrière & Verreault Inc (GLV Inc.) is the parent organization for a group of industrial manufacturing subsidiaries. It operates with stakes in the pulp and paper industry with GL&V Pulp and Paper, in the water treatment industry with Ovivo, and in the manufacturing and restoration of industrial equipment with GL&V Manufacturing and Ramivo. The Group also has a subsidiary named Van der Molen that provides equipment and industrial processes to the beverage industry.[2] GLV has 2,100 employees (as of 2013) based in over 25 countries.[3] GLV was founder in 1975 and is headquartered in Montréal, Canada. .[4]
History[edit]
Early history: 1970s and 1980s[edit]
Founded in 1975 by Louis Laperrière and Laurent Verreault, GLV Group, then called GL&V, was a service and equipment provider for major manufacturers in the pulp and paper industry. The company grew quickly during the 1970s and 1980s as a result of pursuing strategic acquisitions over the years in the pulp and paper industry. This has remained one of the core business values over the life of GLV Group.
In 1986 the company completed its initial public offering of one million shares.
Recent history: 2000s to present[edit]
In the early 2000s, the company diversified, entering the water treatment sector which was facing a growing demand. In 2004, GL&V created the Water Treatment Group. The same business model which had been used over the past decades would be applied to this new sector: acquisitions of companies around the world in areas that were considered to have a moderate growth and attractive returns.
GLV Inc. was incorporated under the Canada Business Corporations Act on May 15, 2007 in connection with the transfer of the net assets and continuation of operations of the Water Treatment Group and Pulp and Paper Group of Groupe Laperrière & Verreault Inc. In August 2007, GL&V entered a Plan of Arrangement with a Danish company and from there the Water Treatment Group, the Pulp and Paper Group as well as the manufacturing business unit GL&V were grouped under a new company: GLV Inc.[5]
In 2009, GLV purchased the Austrian company, Christ Water Technology (CWT) for a value of $100 million. CWT was selected because of its history of water treatment. Following this latest acquisition, GLV developed the brand Ovivo under which almost all GLV’s water sector business entities presently operate. [6]
Today, GLV Group's subsidiaries are: in the pulp and paper industry, GL&V Pulp and Paper, in the water treatment industry, Ovivo, and in the manufacturing and restoration of industrial equipments, GL&V Manufacturing and Ramivo. The Group also has a subsidiary , Van der Molen that provides equipment and industrial processes to the beverage industry. [2]
Organization[edit]
GLV operates GL&V Pulp and Paper, Ovivo, GL&V Manufacturing, Ramivo and Van der Molen. Through acquisition, GLV has become the original equipment manufacturer for many names in pulp and paper and water treatment.[6]
Corporate governance[edit]
GL&V has both a management team and a board of directors. Members of the management team as of September 2013 are: Richard Verreault , Marc Barbeau , France De Blois , Gwen Klees, William Mahoney , Douglas Wetherbee, and Carl Dubé . Members of the board of directors as of September 2013 are: Laurent Verreault, Richard Verreault , Marc Barbeau , Chantal Bélanger , Claude Boivin , Marc A. Courtois , Sylvie Lalande , Jacques Landreville , Normand Morin , and Pierre Seccareccia.[7]
Subsidaries[edit]
GL&V[edit]
The pulp and paper segment, GL&V, designs and markets equipment used in various stages of paper production ranging from pulp preparation to sheet formation and finishing. It also provides services for the rebuilding, upgrading, and optimization of existing equipment, as well as sells replacement parts. In addition, the company produces custom-made parts primarily for the pulp and paper, and energy sectors. GLV's pulp and paper side has multiple offices all over the world with the largest in Canada, the United States, and Sweden. The Canadian branch, GL&V Canada Inc., is located in Trois-Rivières, Canada. The Swedish branch, GL&V Sweden AB, operates out of Karlstad, Sweden. The United States has three main offices which operate under the names GL&V USA Inc. They are located in Lenox, Massachusetts, Hudson Falls, New York, and the headquarters reside in Nashua, New Hampshire. There are also important offices in Brazil, China, India, and Russia. In regions such as China and India, GL&V Pulp and Paper shares certain facilities with Ovivo.[5]
Notable product lines of GL&V and its legacy brands include: Celleco, Celleco Twister, Compact Press, BTF, IMPCO, SuperBatch, DUALOX, DUFLO, Beloit-Jones, Beloit-Lenox, Coru-Dek, DD6000, Equa-Flo, DualXcluder, Stingray, DualSmix, TamPulper, and TamScreen. GL&V also manufactures dryers in North America GL&V Pulp and Paper’s major competitors are Voith Paper GmbH, Kadant Inc., Metso Corporation, Noss and Andritz AG.[5]
Acquisitions[edit]
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Ovivo[edit]
The water treatment group, Ovivo, designs and markets treatment, recycling solutions, and components for municipal and industrial waste water, and water used in various industrial processes. This group also develops seawater desalination technologies and offers water intake screening solutions for power stations, refineries, and water desalination facilities. Ovivo operates in 18 countries spanning five continents. Ovivo operates globally through subsidiaries, sales and service centres or sales agents. It initially catered to the North American, U.K. and Australian markets. More recently, and though its subsidiaries, including CWT, Ovivo has expanded its presence in Asia-Pacific, the Middle East and Continental Europe.[5]
Notable product lines of Ovivo and its legacy brands include: EWT, Brackett-Green, Enviroquip, COPA, Jones+Attwood, LM™ Mixer, Cinetik, Linear Electro-Dewatering, TOCSORB, OSMOSTIL, Tepro, EcoBLOX, CHRIST, Christ Water Technology, EQuipTech, Conesep, Equaflo 360, Excell, UPW-Next. Ovivo falls into the category of technology solutions providers operating worldwide. Its primary competitors in this category include Siemens Water Technologies, Xylem Water Solutions, GE Water, Kurita and Severn Trent Services.[5][8]
Acquisitions[edit]
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References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Management's Discussion and Analysis" (PDF). GLV Inc. Retrieved 20 September 2013.
- ↑ 2.0 2.1 "GLV Group - History". Retrieved 20 September 2013.
- ↑ "Q4 2013 Press Release" (PDF). GLV Inc. 6 June 2013.
- ↑ "GLV Inc on Hoover's website". Hoovers.com. Retrieved 6 June 2013.
- ↑ 5.0 5.1 5.2 5.3 5.4 "GLV Group 2013 Annual Information Form" (PDF). GLV Inc. 6 June 2013. Retrieved 20 September 2013.
- ↑ 6.0 6.1 "Ovivo Heritage Brands". GLV Inc. Retrieved 21 March 2013.
- ↑ "GLV Group - Corporate Governance". Retrieved 20 September 2013.
- ↑ Vacuactivus - leading world manufacturer of crychambers and fitness equipment
External links[edit]
Other articles of the topic Companies : Lehman Brothers Holdings Inc., Warner Music Group Corp., Starbucks Corporation, Career Education Corporation, Spümcø, Inc., Univision Communications Inc.
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