Our history

CVTech was incorporated on May 16, 1978 under the provisions of the Canada Business Corporations Act and, following mergers, became CVTech Group inc. on April 20, 2005. On August 31, 2004, the Company (then known as Capital St-Charles inc.) filed a prospectus pertaining to its initial public offering for 2,000,000 common shares, for a total amount of $1,000,000. On April 20, 2005, the Company made a public offering of 6,000,000 common shares priced at $0.50 per share, for a total amount of $3,000,000.

In April 2005, the Company’s common shares were listed at the Toronto Stock Exchange under the “CVT” symbol, after having been listed on the TSX’s Venture Exchange inc. under the “CPH.P” symbol.

On December 28, 2005, the Company acquired all issued and outstanding shares of Thiro (now known as Thirau), a company specialized in the construction and maintenance of electrical transmission and distribution lines, power houses and substations.

On September 8, 2006, the Company acquired all issued and outstanding shares of Atelier Adrien Bernard inc., a company specializing in the reconditioning of crankshafts and cylinders, the replating of cylinders, the reconditioning of industrial engines and the sale of parts related to engines.

In July 2009, the Company concluded the acquisition of Riggs Distler & Company Inc., an American entity providing maintenance and construction services to the utility and heavy industrial markets. Riggs Distler operates primarily in the Northeast and Mid-Atlantic regions of the U.S. and also has a significant presence in the Gulf Coast of Mexico region.

In August 2012, the Company concludes the sale of its operations in the CVT systems and related products segment.