As a result of the transaction, CRCD, an existing investor in the company, became the majority shareholder. On April 25, 2017 Nick Pedneault was named Chairman of the WFLO (World Food Logistics Organisation) and said he would focus his efforts on the development and growth of the industry as well as on the promotion of the GCCA (Global Cold Chain Alliance). The WFLO represents the research and education component of the GCCA. Mr. Pedneault is the first ever Québec native to occupy this position. In 2017 Congebec acquired Shamrock Cold Storage, inc. to establish its presence in the Toronto area and to increase its pancandian development; Congebec, inc. Shamrock is a renowned cold storage company is the Toronto Market. The expertise and experience of Shamrock will allow Congebec have a solid presence on the market. The clients that dealt with Shamrock will remain in the Toronto storage facility. The merger will give the new Congebec clients new opportunities due to the service offered by Congebec across the country.