BMR Group becomes a minority shareholder of CDL, North American leader in maple sugaring equipment
Saint-Lazare-de-Bellechasse, February 25, 2019 – The Chabot family, majority owners of CDL, have announced that BMR Group has become a minority shareholder of the company, replacing Mr. Daniel Lalanne.
Vallier Chabot, President of CDL, stated: “BMR Group will be an invaluable partner for our family and our company. This relationship and the ability to share our strengths will certainly help reinforce the quality of our service and our closeness to all of our clients. What’s more, this partnership will ensure our company remains in Quebec for a long time to come. That is incredibly important to our family.”
Pascal Houle, CEO of the BMR Group, added: “Maple sugaring is a fast-growing industry and we’re very pleased to strengthen our position in the sector. CDL is a leader in the maple sugaring industry, not only in Quebec but in the rest of Canada as well. That makes them an excellent partner as we work towards our ambition to become a Canadian leader.”
The Chabot family would like to thank Daniel Lalanne for his exceptional work since joining the company in 2005. Mr. Chabot noted: “We could not have asked for more. His work as not only a shareholder, but an active employee, has been simply incredible. Daniel was a key part of securing CDL’s place in the US after our acquisition of Maple Pro.”
About CDL
CDL is a fully integrated company that develops, manufactures and distributes equipment used in maple sugar production and maple product processing. The company is currently recognized as a world leader in the industry thanks to its expertise, innovation and high-quality equipment. Innovation is CDL’s mission. Its strength lies in its employees’ expertise, devotion and professionalism. CDL’s teams are constantly striving to develop new products and technologies, with the ultimate goal of improving the work of large and small maple syrup producers alike. For more information, visit www.cdlinc.ca.
About BMR Group
BMR Group is an affiliate of La Coop fédérée that regroups 310 home renovation centers and hardware stores in Eastern Canada. Annual retail sales for Groupe BMR inc. members are estimated at $1.2 billion and some 8,000 employees work in bannered stores. Named Company of the Year during the 2017 Les Mercuriades business contest, Groupe BMR inc. is the largest Quebec-owned player in the home renovation industry and operates under the BMR, La Shop, Unimat, Potvin & Bouchard and Agrizone banners. www.bmr.ca
Sources and information
Vallier Chabot
President
CDL
418 883-5158
[email protected]
Stéphanie Couturier
Vice President, Communications
BMR Group
514-217-8503
[email protected]