Quebec hydraulics and mechanics distributor acquired by expanding firm
Montreal, QC – Ficodis has acquired the industrial parts distributor Pièces industrielles Québec (PIQ), a company specializing in hydraulics and mechanics. Based in Lévis, QC, PIQ becomes the fifth Ficodis point of sale in Canada.
“I’m absolutely delighted to welcome the Pièces industrielles Québec team aboard,” said Christophe Bévillard, president of the industrial supply distribution group, which has its head office in Montreal. “They’re really dynamic people who share Ficodis values and are sure to put in the energy necessary to meet our goal of superior personalized service and customer satisfaction. With their expertise as an integral part of our group, we’ll be able to expand even faster in Quebec and serve a much larger territory.”
“This association with Ficodis was natural for PIQ, as their strategy is in line with our own objective of launching a major expansion while still providing personalized service to our customers,” said Éric Landry, president of Pièces industrielles Québec. “We’re hoping to benefit the entire group with our detailed knowledge of the industry and the way we understand our customers’ specific needs.”
The Lévis-based company is a perfect fit for the partner profile Ficodis is seeking. As a result the PIQ management team will stay on after the formal acquisition and ensure continuity in the company’s operations.
“It’s important for us that the expertise our new partner has developed should stay within the group,” said Christian Bévillard. “This approach is what makes Ficodis the solid, successful company it is today.”
The acquisition of PIQ will help Ficodis penetrate the market in the Quebec City region, while boosting its expertise in hydraulic equipment fabrication and repairs, a highly specialized sector. This expertise will also be a big boost in the wider market development of Ficodis products and services in power transmission and machine parts. About Ficodis
Founded in 2010 and based in Montreal, Ficodis is a multi-specialized industrial supply distribution group that provides services, technical expertise and products to manufacturing companies and SMBs. Its five points of sale in Quebec and Ontario are recognized in their regions for the high quality and variety of products sold, their technical expertise and the personalized service and solutions provided. Ficodis has been joined by other companies over the years to form a group that now includes Fournitures Delpar, VL Industriel, Drummond Fournitures industrielles, Industrial Solutions and Pièces industrielles Québec.