News

September 10, 2013 - Announcement

mportant acquisition for Groupe Lebel

Mr. Frédéric Lebel, president and CEO of Groupe Lebel is pleased to announce the signing of a formal letter of intent for the acquisition of all the issued and outstanding shares of The Cambium Group.


This transaction will position Groupe Lebel as a fully integrated company in the manufacturing and treating of lumber and outdoor products in Canada. The combined operations will increase the company’s presence in Eastern Canada and the US and deliver a product and service offering that reflects the synergies from integrating the manufacturing cycles from forestry operations to finished products.
 

Following this transaction, the Groupe Lebel operations will encompass 19 locations in Quebec and Ontario including 6 sawmills, 5 manufacturing facilities, 4 treating plants and 4 sales and service offices supported in total by 400 employees.
 

All plant operations will continue as normal.

 

Source : isabelle.mailloux@groupelebel.com
 

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