Ideal Supply Company Limited
The Deschênes Group has acquired Ideal Supply Company Limited
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The Deschênes Group has acquired Ideal Supply Company Limited. MNP Corporate Finance Inc. acted as exclusive financial advisor to Ideal Supply Company Limited in structuring and negotiating this transaction.
Transaction Brief
The Deschênes Group has acquired the business assets and real properties of Ideal Supply Company Limited, a southwestern Ontario wholesale distributor to the electrical, industrial and automotive industries.
Today's distribution trends favour larger, integrated and more diverse companies. For the Deschênes Group, the acquisition of Ideal Supply broadens the product and service offerings, enlarges the service area and strengthens the buying power of the company. Ultimately these factors are of significant importance in helping customers and suppliers achieve greater success in a competitive environment.
Founded in 1926, Ideal Supply Company Limited is a third generation private Canadian-owned distributor and wholesaler of electrical, industrial and automotive aftermarket parts. The Company operates two distribution centers, 30 branch locations throughout central and southwestern Ontario, employs over 450 people and is Canada’s largest independent NAPA auto parts distributor. The company has been recognized as one of Canada’s Best Managed Companies for the past eight years.
The Deschênes Group is a family privately-owned Canadian company based in Montreal. Founded in 1940, it is now the largest Canadian-owned distributor of plumbing supplies in the country also active in the Waterworks, HVAC and Electrical supplies segments. The company has been recognized as one of Canada’s Best Managed Companies for the past seven years.