Groupe Deschênes mise sur les acquisitions
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Deschênes Group goes all-in for acquisitionsÂ
Deschênes Group Inc. is a Canadian giant. The nation’s largest plumbing and electrical product distributor ensures growth in a mature industry through acquisition, most recently of Ontario-based Ideal Supply Company Ltd. — which, as a player in the automotive industry, represents a massive departure for its new owner. CEO François Deschênes (EMBA’10) says of his company’s long history of acquisition that “There’s always uncertainty when a company is bought; you have to analyse every situation before you implement new elements.â€
Deschênes group has 140-odd autonomous locations, and encourages an entrepreneurial spirit. The resulting agility lets each location respond quickly to local market requirements.
Read full article in French: , March 20, 2017Â
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