Ebene News – CA – Groupe Turcotte and Home Hardware Stores Limited announce the acquisition of Quebec-based Patrick Morin Inc

MONTREAL, February January 17, 2021 / CNW / – Groupe Turcotte and Home Hardware Stores Limited announced the acquisition of Quebec home improvement retailer Patrick Morin Inc The deal will see Groupe Turcotte and Home Hardware Stores Limited to purchase 21 stores and a distribution center in the province of Quebec, effective today

Groupe Turcotte is owned by Louis Turcotte, an independent and experienced dealer-owner of Home Hardware Turcotte has been working in the home improvement industry in Quebec for over 30 years

“We are honored to have worked with Patrick Morin, a company with a solid reputation and deep roots in communities across Quebec,” said Louis Turcotte, Dealer-Owner, Groupe Turcotte “As we continue the he legacy of a truly Quebecois company, Patrick Morin will continue to operate with a head office in the province and in partnership with Home Hardware, an independent Canadian company. Our priority is to provide excellent service and products to the communities in which we are located “

Founded in 1960, Patrick Morin is recognized as a leader in the construction and renovation industry in Quebec, offering quality products and services to consumers and entrepreneurs The company has 1,700 employees

“We recognize that Quebec is a single market and we believe that the partnership with such a strong brand made in Quebec will continue to give us a competitive advantage as we work with the Turcotte Group and the team of Patrick Morin to strengthen our Merchandise Programs, “said Kevin Macnab, President and CEO of Home Hardware Stores Limited” This dealer-focused transaction strengthens the program for all dealers and Patrick Morin by leveraging Home’s nationwide with the position and expertise of Patrick Morin in Quebec “

“This partnership demonstrates our commitment to growth in the province of Quebec and the strength of our model owned and operated by an independent dealer,” said Christine Hand, Chairman of the Board, Home Hardware Stores Limited “We look forward to working with Louis Turcotte, an experienced entrepreneur, Patrick Morin, a highly respected retailer, and our solid base of Quebec dealer-owners to support our mutual growth and success “

From Patrick Morin: For the members of the Morin family, this is an adventure that is coming to an end; an adventure written by three generations The Morin family would like to thank each employee individually for their work, commitment and loyalty over the years

A special thank you to the thousands of clients who trusted Patrick Morin and who have chosen him over the years

We would also like to thank all of our suppliers and business partners with whom we have built strong relationships over the years

About the Turcotte Group: The Turcotte Group is led by the owner-dealer, Louis Turcotte and his associates Daniel Gervais and Pierre Beauchamp It currently employs over 200 employees and operates Home Hardware retail stores in Marieville, Blainville, Pointe -aux-Trembles, Montreal, Laval, Saint-Lin-Laurentides, QC and Stittsville, ON

About Home Hardware Stores Limited Home Hardware Stores Limited is the largest dealer-owned hardware, lumber, building material and furniture retailer in Canada, with more than 1,050 stores in the areas of Hardware Store, Home Building Center, Home Hardware Building Center and Furniture Banners Founded in 1964 in rural St Jacobs, Ontario, Home Hardware remains 100% owned and operated by Canadians Through the Home Hardware network, dealer-owners have extensive distribution and marketing capabilities as well as access to thousands of quality, branded and private label products Home Hardware Stores Limited has been named one of Canada’s Best Brands and Best Managed Companies and is committed to helping Canadians meet all of their project needs.More information about the company is available at homehardwareCalifornia

Patrick Morin

Ebene News – CA – Groupe Turcotte and Home Hardware Stores Limited announce the acquisition of the Quebec company Patrick Morin Inc

Source: https://www.newswire.ca/news-releases/groupe-turcotte-and-home-hardware-stores-limited-announce-acquisition-of-quebec-based-patrick-morin-inc–830790299.html