Sept.
16, 2013 – Richelieu Hardware has announced 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 approximately $5 million per year.
Sept. 16, 2013 – Richelieu Hardware has announced that it has
acquired the net assets of Hi-Tech Glazing Supplies. This Vancouver-based
distributor of door and window hardware serving the B.C. market
realizes sales of approximately $5 million per year.
This acquisition will enable Richelieu to enlarge
its offer with products that feature in its short- and long-term strategy, in
addition to reinforcing its position in a specialized client base.
Richelieu is a leading North American distributor, importer and manufacturer of specialty hardware and
complementary products. Its products are targeted to an extensive customer base of kitchen and bathroom
cabinet, furniture, and window and door manufacturers plus the residential and commercial woodworking
industry, as well as a large customer base of hardware retailers, including renovation superstores. Richelieu
offers customers a broad mix of high-end products sourced from manufacturers around the world. Its product
selection consists of 100,000 different items targeted to a base of some 70,000 customers who are served by
62 centres in North America – 35 distribution centres in Canada, 25 in the United States and two
manufacturing plants in Canada, specifically Cedan Industries which specializes in the manufacture of a
wide variety of veneer sheets and edgebanding products and Menuiserie des Pins which manufactures
components for the window and door industry and a broad selection of decorative mouldings.
Related Link
www.richelieu.com
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