Richelieu Hardware Acquires High-Tech Glazing

Posted by Bill Esler | Posted: 09/05/2013 3:42PM

 

 

Richelieu Hardware logo MONTREAL - Richelieu Hardware Ltd. (TSX: RCH) has acquired the assets of Hi-Tech Glazing Supplies, a Vancouver-based distributor of door and window hardware serving the British Columbia market, with sales of approximately $5 million.

Richelieu says the deal will reinforce its position in the specialized window manufacturing client base, while enlargening its offerings overall. Richelieu acquired a number of regional hardware businesses over the last two years, growing market share and sales volume.

Richelieu U.S. Sales Surge

Richelieu is a leading North American distributor, importer and manufacturer of specialty hardware and complementary products. Its products are targeted to an extensive customer base of kitchen and bathroom cabinet, furniture, and window and door manufacturers plus the residential and commercial woodworking industry, as well as a large customer base of hardware retailers, including renovation superstores.

Richelieu offers 100,000 different items targeted to its 70,000 customers served by 62 centers in North America - 35 in Canada, 25 in the United States and two manufacturing plants in Canada:  Cedan Industries Inc. which manufactures veneer sheets and edgebanding products; and Menuiserie des Pins Ltée, which manufactures components for the window and door industry, and a broad selection of decorative mouldings.

Richelieu will exhibit at the 2013 Woodworking Machinery & Supply Expo, Oct. 24-26 at the International Centre in Toronto.

 

About the Author

Bill Esler, Woodworking Network, WMS

Bill Esler

Bill Esler, Editorial Director, Woodworking Network Bill is responsible for overall content at WoodworkingNetwork.com Woodworking Network magazine, and related newsletters. Bill also manages event programs for Woodworking Network Live conferences at the Woodworking Machinery & Supplies Expo in Toronto and Cabinets & Closets Expo. He developing audience engagement programs using custom digital printing, live lead-generating events, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs. He can be reached at besler@woodworkingnetwork.com or follow him on Google+.

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