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Credit Union Central of Manitoba, SaskCentral, and Alberta Central Announce Sale of Celero business to CGI

Newswire.ca - Thu Jul 4, 5:30AM CDT

WINNIPEG, MB, CALGARY, AB, and REGINA, SK, July 4, 2024 /CNW/ - Credit Union Central of Manitoba (CUCM), Credit Union Central of Saskatchewan (SaskCentral), and Credit Union Central of Alberta (Alberta Central) have reached a definitive agreement to sell the business of Celero, a leading provider of IT solutions to credit unions and financial institutions across Canada, to CGI (NYSE: GIB) (TSX: GIB.A), a leading global IT and business consulting services firm. This strategic transaction aims to position the Canadian credit union system as a technological innovator in the financial services industry for years to come.

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