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BID Group combines assets with COMACT

April 29, 2013, Vanderhoof, B.C. – The BID Group of Companies, has acquired controlling interest of Quebec-based COMACT, becoming one of the largest North American companies of its kind.


April 29, 2013
By BID Group of Companies

“This acquisition tremendously strengthens the opportunities for both
groups to serve our very busy domestic and international forestry-based
markets,” said Brian Fehr, CEO of the BID Group. “For our western
operations in B.C., this provides not only greater geographic
flexibility for product delivery, but also access to COMACT’s
highly-experienced and well regarded business development team serving
Canadian, U.S. and international markets."
 
Together, the
companies will operate more than 250,000 square feet of manufacturing
plants and employ approximately 750 employees. COMACT will continue to
be based out of Quebec and operate under the COMACT brand. All other
operating divisions of the BID Group, including Nechako Construction,
Nechako Mechanical, Sawmill Equipment Company (SEC) and Deltech
Manufacturing will also continue business as usual under their
respective operating names.
 
Fehr will continue on as CEO of the
parent company BID Group. As part of the transition – Pierre Morency
assumes the role of chairman of the board of BID Group, Simon Potvin
becomes senior vice-president of manufacturing, and Eric Michaud becomes
senior vice-president of sales and marketing of BID Group.
 
“Much
like BID, COMACT now has greater flexibility for manufacturing and
shipping on the other side of the continent, with the added benefit of
expanding its business by leveraging BID’s extensive turn-key experience
and capabilities," said Potvin.


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