September 14, 2011 - PRESS RELEASE
It is with great pride and satisfaction that General Paint and Société
Laurentide are joining their voices to announce a transaction agreement that
welcomes Peinture Laurentide as a full member of the General Paint brand
portfolio. By integrating Peinture Laurentide’s current architectural coatings
activities in Quebec and the Atlantic provinces, this transaction will make
General Paint a truly countrywide Canadian paint manufacturer.
“After
more than three years of close collaboration with Peinture Laurentide’s team for
the distribution of its PARA Paints and Crown Diamond products in Quebec and
the Atlantic provinces, General Paint is enhancing its strategic position by
becoming Canada’s leading paint manufacturer,” says Dale Constantinoff,
President & CEO of General Paint, adding that ”having multiple
manufacturing and distribution facilities with a reputation for solid sales and
service support, places us in a very good and competitive position for our
brand portfolio now from coast to coast."
Both companies share similar
cultural values and consider local operations vital for the strength of their
businesses. This transaction will allow Quebec based Peinture Laurentide to
maintain a competitive edge in the market, supported by a technological
expertise of an international level. “The future looks promising for Peinture
Laurentide, an innovating company that is operating in the architectural
coatings business for more than 55 years by manufacturing products
renowned for their high quality,” adds André Buisson, President & Chief
Operating Officer of Société Laurentide.
Celebrating its 100th
anniversary this year, Vancouver based company General Paint, considers this
venture to be more than a symbolic action. By expanding its operations in a
significant manner across all Canadian markets, a strong statement of
Canadian unity is being made through the addition of this solid and authentic
anchor in Quebec and the Atlantic provinces, positioning General Paint as the
number one paint company in Canada.
For more information contact:
Davis Kyle
Marketing VP – General
Paint Corp.
(604)253-3131
Click here to print
English site | French site
______________________________________________________________________
June 2008 - PRESS RELEASE
General Paint Corp. Acquires PARA Paints and Crown Diamond
Vancouver, June 2008: General Paint Corp. is pleased to announce the successful acquisition of PARA and Crown Diamond brands; two market leaders in Eastern Canada. The PARA and Crown Diamond brands are known for quality, performance and excellence in customer satisfaction.
"The acquisition of PARA and Crown Diamond is an integral component in General Paint’s growth strategy in Eastern Canada," states Rolph Alden, President of General Paint. “We are excited by the opportunity to support the growth of two well-recognized brands in Canada.”
For more information contact:
Davis Kyle
Marketing VP – General
Paint Corp.
(604)253-3131
