RIVIERE-DU-LOUP, Que. - A subsidiary of Groupe Lebel, Bois Daaquam has entered into an agreement to acquire Maibec's lumber division. The division includes two mills, at St-Pamphile, Quebec, and Masardis, Maine.

Goodfellow Inc., one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products, will form a pressure treated wood manufacturing company with Lebel Cambium Inc. The two companies will merge seven existing plants to form the business unit.