Canada water treatment sector signs three major contracts totaling over $80M

GLV Group announced that Ovivo signed three major contracts for a total value close to CA$85 million.

Montreal, Canada, April 10, 2013 -- GLV Group (GLV Inc.) announced that Ovivo, its operating sector involved in water treatment, signed three major contracts for a total value close to CA$85 million. These contracts were obtained in the Electronics market segment.

"These contracts...confirm the strategy to refocus Ovivo’s activities in growth markets such as Energy, Electronics and Metals, Municipal in Europe and North America," said Richard Verreault, President and Chief Executive Officer of GLV Group.

The scope of work includes the design, supply and commissioning of advanced ultrapure water as well as sophisticated industrial process and wastewater system. Contracts will be executed in Asia and North America over the next 18 to 24 months.

About GLV Group (GLV Inc.)

GLV Group is an international business active mostly in the sectors of water treatment (Ovivo) and pulp and paper (GL&V) that offers comprehensive technological solutions as well as services and equipments tailored to the needs of its customers. GLV Group's different business units operate in more than 25 countries and employ approximately 2,100 employees. GLV Group is a public company whose shares are traded on the Toronto Stock Exchange (TSX) under the symbols GLV.A and GLV.B.


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