Can-Explore is proud to announce the sale of its company Tensio to Groupe Canam, a Quebec flagship and global leader in the design of metal components for construction. Tensio and Groupe Canam have been long-standing partners, with the two companies collaborating since 2020 in autonomous building monitoring.
The agreement reached will allow Can-Explore to focus its efforts on its service activities as well as on the commercialization of products from its subsidiary Can-Ex Technologies. The company will continue to develop innovative projects in asset management, in addition to supporting initiatives that meet the needs of its clients and partners.
The sale of Tensio represents the culmination of several years of hard work for Can-Explore. Tensio was created to address a significant need among its clients, a need that proved to be present throughout the industry. Thanks to the continuous, sustained, and collective effort of the entire Tensio team, the value of such technology has been recognized by Groupe Canam. The vast resources and expertise of Groupe Canam will enable Tensio to reach new markets and further develop its product range.
“The sale of Tensio to Groupe Canam is a natural step in our mission to innovate and nurture ideas to their full potential. Selling one of our innovations to a Quebec flagship company is a great source of pride for our entire team and a mark of recognition for Can-Explore for all the work accomplished. For us, it is proof that innovation in Quebec has no limits and that anything is possible when we believe in the full potential of our products,” said Louis Légaré-Lapointe, President of Can-Explore.
About Can-Explore
Based in Quebec City and founded in 2014, Can-Explore specializes in infrastructure asset management through groundbreaking solutions that help municipalities, companies, and institutions maximize the sustainability of their assets. In addition to its integrated service offering, the company markets tools developed by its research and development team. These products are marketed under the subsidiary Can-Ex Technologies, including sewer inspection cameras and software.
About Canam Group
Canam Group specializes in the design and fabrication of metal components for the construction industry in North America. Founded in 1960, the company operates in the fields of buildings and infrastructure, offering a comprehensive range of products and services for commercial, industrial, and institutional construction projects.