Ficodis breaks into mining sector with Ibs-Tuboquip acquisition
Montreal-based Ficodis has added a new player to its team with the acquisition of Ibs-Tuboquip. With four sales locations in Val-d’Or, Rouyn-Noranda and Blainville and Saint-Leonard in Montreal, Ibs-Tuboquip specializes in the distribution of power transmission supplies and oils and lubricants and has a large mining customer base. Through this acquisition, Ficodis expects to solidify its position in greater Montreal area in all types of industries. “The arrival of Ibs-Tuboquip within the group gives us access to the mining industry market, a growing sector in Canada, while consolidating...
Source: canadianminingjournal.com
