March 4, 2026 in Uncategorized
NEW ACQUISITION – Papineau Sandblast Inc.
Mount Royal Walsh and Divex Marine Announce the Acquisition of Papineau Sandblast, Strengthening Their Position as Eastern Canada’s Leading Private Ship Maintenance Group
Mont-Saint-Hilaire, Québec- February 25, 2026
Mount Royal Walsh, in partnership with Divex Marine, announces the acquisition of Papineau Sandblast, a company recognized for its expertise in industrial sandblasting, surface preparation, and specialized coatings. The transaction was completed for an undisclosed amount.
This strategic acquisition supports the group’s objective to expand and strengthen its presence in the marine industry, while significantly enhancing its specialized service offering. Adding this highly specialized capability to the group’s existing expertise expands the range of services available to shipowners, streamlines their operations, and positions Mount Royal Walsh and Divex Marine as a one-stop, fully integrated marine service provider.
By combining Papineau Sandblast’s surface preparation expertise with Divex Marine’s marine and subsea capabilities, the group can now deliver comprehensive solutions covering vessel maintenance, repair, and operational needs.
“This acquisition marks a major milestone for our group and aligns perfectly with our growth strategy in the marine sector,” said Jesse Cantin, President of Divex Marine and Mount Royal Walsh. “Adding this highly specialized service to our existing capabilities allows us to simplify shipowners’ operations by offering an all-inclusive, one-stop service solution.”
“This acquisition aligns with our objective of providing a complete range of high quality services to our clients, with reactivity that is unmatched in this industry,” added Patrick Pilotte, Chief Financial Officer of Mount Royal Walsh and Divex Marine.
Papineau Sandblast will continue operating under its existing brand, ensuring continuity of operations, personnel, and the high standards for which it is known.
“Joining a group with strong marine expertise creates new opportunities and allows us to deliver an expanded service offering to our clients,” said Marc Poulin, President of Papineau Sandblast. “This integration enables us to better serve the marine market while continuing to grow.”
Papineau Sandblast’s management team will remain in place to support the company’s continued growth.
