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Deal closed Nov 2020 · Canada Verified

Deschenes Group acquires Powrmatic of Canada

Distribution group Deschenes Group Inc. (DGI) acquired Powrmatic of Canada, an HVAC/electrical/hearth supplies distributor with six branches, making it DGI's 13th business unit operating under existing leadership.

“Deschenes Group Inc. (DGI) has acquired Powrmatic of Canada, a distributor of residential, commercial and industrial supplies to the HVAC, electrical and hearth industries. Powrmatic operates six branches from Ontario to the Maritimes. Now DGI's 13th business unit, the distributor will continue to operate under the leadership of Claude Lapierre and his team.”

Entities

Deschenes Group Inc. (DGI) · Acquirer Powrmatic of Canada · Target
ElectricalHVACOther
Source: Plumbing & HVAC, Nov 2020, p.47 (OCR)

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