Master has recently announced the acquisition of all the shares of Saskatchewan distributor Davies Supply Group Ltd. The transaction includes all of Davies Supply's operations, including the head office in Saskatoon and two branches in Calgary and Lethbridge, Alberta. The company specializing in the distribution of heating & air conditioning parts and water treatment/pump products will continue its operations under its current name of Davies Supply Group Ltd.
A very important step in The Master Group’s expansion plan, this acquisition reinforces Master’s position as a national company. Louis St-Laurent, President and Chief Executive Officer, The Master Group, said that from the initial contact, he quickly identified many points in common with the Davies Supply team and found that their corporate culture was very similar to Master’s, focused on the quality of products, on service and especially on the importance of customers and employees, and this aspect was a determining factor for the continuation of the acquisition project. From an operational point of view, the Davies acquisition offered significant benefits, including immediate implementation with three fully functional branches and dedicated people with extensive market knowledge. Mr. St-Laurent extended a warm welcome to every member of the team.