Page 16 - D18386 - LBMAO - Reporter - July-August 2022 - web optimized

Industry NEWS

experienced stellar growth thanks to its loyal ...President's Message continued from page 6
employees and customers, and the company
will be pursuing its development plan in
collaboration with its new buying group.
“Our two organizations share common
values that are deeply anchored in our
respective DNA,” added Annie and Martin
Dagenais. “With the arrival of Alexandre
Lefebvre as CEO of BMR Group in 2021, the
banner also gained a significant amount of
credibility, making it an undeniable asset to
us in reaching and surpassing our growth
targets. This partnership will benefit our
family business with a seasoned purchasing
team that is dedicated to affiliated dealers
and knows the market well.”
“Acquiring H. Dagenais et fils inc. is
excellent news for BMR Group,” says
Alexandre Lefebvre, CEO of BMR Group.
“It will help us consolidate our position
as a leader serving Canadian consumers
and contractors. Our business is currently
undergoing a period of robust growth, and
this partnership will help us once again
reinforce our positioning and strengthen our So, watch your inventories and keep in how is anyone’s guess.
impact on the local economy.”
mind that this will probably be a longer Considering the changes that we
period of recession than previously have experienced in our businesses
About BMR experienced in the last 50 years. Inflation and personal lives in the past two and
BMR Group, a subsidiary of Sollio will abate as the BOC increases the prime a half years, let’s all be thankful we live
Cooperative Group, brings together more than to fight its effect and we will return to in a country that can weather these
275 home renovation centres and hardware lower bank rates once inflation decreases challenges!
stores in Quebec, Ontario and the Maritimes. to more manageable numbers. When and
Retail sales for BMR Group and its members
are estimated at more than $1.5 billion per
year and some 8,000 people work within the
network. BMR Group leads Quebec’s hardware and it became apparent recently that
industry, operating under the banners of BMR, news from timber mart we needed to be partnered with a group
Agrizone and Potvin & Bouchard. that would offer us greater buying power
and brand recognition in order to keep
up with demand and continue to grow,”
says Craig Humphreys, owner of Inventive
building supply business for sale Construction Supplies. “We look forward
to being a part of something bigger as a
Great opportunity for entrepreneur or TIMBER MART member and leveraging all
additional yard the competitive advantages the group has
to offer.”
Long established building supply “Inventive Construction Supplies will
centre in northwest Ontario on Lake TIMBER MART Welcomes new Member in be well supported through our competitive
Huron. It is located in a fast growing Atlantic Canada building material and marketing programs
tourist area of cottages, resorts and Located in Dartmouth, Nova Scotia, as well as through our affiliation with
many lakes. independent building material and Spancan for hardlines products,” says Kevin
hardware dealer, Inventive Construction Guest, TIMBER MART’s regional director of
The centre is 15,000 sq. ft. on 11.9 Supplies joins TIMBER MART to benefit
acres. member services for Atlantic Canada. “We
from the group’s national buying power and look forward to providing Craig and his
Phone: (705) 941-1993 brand recognition. team with the programs and services they
Email: patjfluke@gmail.com “Since we opened our doors in 2015, our need to achieve their growth goals in the
product offerings have grown tremendously years to come.”

16 LBMAO Reporter - July-August2022 www.lbmao.on.ca