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The Protech Group Acquires MF Paints Inc.

Turkchem 15 Nov 2023 21 1 dk okuma
TURKCHEM
The Protech Group, a Quebec-based company, announced the acquisition of MF Paints Inc., a leading manufacturer and distributor of premium architectural paints and varnishes. Montreal-based Protech acquired 100% of MF Paints' shares, reaffirming its commitment to the Quebec economy. David Ades, President of Protech Group, stated: "We are delighted to welcome the talented management team and employees of MF Paints Inc. to the Protech family. The acquisition of MF Paints Inc. represents a union of shared values and a commitment to excellence in the sector. Under the leadership of the Morello family, MF has become a leading paint brand in the Quebec market. Our customers can be assured that they will continue to have access to premium quality, environmentally responsible paint products designed to meet the diverse needs of the Canadian market." The acquisition of MF Paints Inc. aligns with The Protech Group's strategic vision to diversify and strengthen its presence in the Canadian market. This acquisition brings together MF Paints Inc.'s established reputation and expertise with The Protech Group's comprehensive experience and capabilities. Protech is committed to providing support to further enhance MF Paints Inc.'s market position and product range, and to leverage the company's purchasing, technical and manufacturing capabilities. Source
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