The Sani Marc Group, through its subsidiary Wood Wyant, announced it has acquired Five-L Equipment Ltd. in Winnipeg, Manitoba. Like Wood Wyant, Five-L Equipment Ltd. specializes in the distribution of sanitation products and equipment. This acquisition will help Sani Marc reinforce its national positioning in healthcare, education, industrial markets, building services contractor, amongst others.
"Five-L Equipment, a major player in the Winnipeg area, has experienced strong growth in recent years and will help Wood Wyant position itself as a leader in the province of Manitoba," says Mr. Pierre Goudreault, president of the Sani Marc Group. "This acquisition is in line with our growth strategy and will be the first step to consolidate the presence of Wood Wyant in every province of the country," he added.
"With a presence of more than 40 years in Manitoba, we could not have found a better company in terms of promoting our values such as family spirit, respect and customer service. We are convinced that this transaction will ensure the continuity of our operations," says Mr. Rick Labossière, President of Five-L Equipment Ltd.
Sani Marc acquired 100% of Five L Equipment Ltd.'s shares, as of February 6, 2013.