Construction Materials & Machinery M&A » By The Online Investor Staff, updated Fri., Apr. 26, 1:22 PM
Recent mergers and acquisitions in the Construction Materials & Machinery M&A category.
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Slide #13. Richelieu Hardware Ltd. — Hi-Tech Glazing Supplies
Acquirer:
Richelieu Hardware Ltd. (TSE:RCH.CA)
Acquiree:
Hi-Tech Glazing Supplies
Details:
Richelieu Hardware Ltd. (TSX: RCH) is pleased to announce that it has acquired the net assets of Hi-Tech Glazing Supplies. This Vancouver-based distributor of door and window hardware serving the British Columbia market, realizes sales of approximatively $5 million.
Richelieu Hardware is an importer, distributor and manufacturer of hardware and related products in Canada. The main product categories carried by Co. include: functional cabinet hardware and assembly products for manufacturing of kitchen cabinets and furniture, including conventional and concealed cabinet door hinges, drawer slides, sliding door systems, screws, fittings, swivels, lighting products, brackets and other related hardware products and other tools sourced from international manufacturers; decorative hardware products such as handles, knobs and mouldings available in a variety of styles, finishes and sizes; closet storage solutions; and floor protection products.
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