2011-02-02 — The Master Group enters the Greater Toronto area and Hamilton markets with the acquisition of three Eastern Refrigeration Supply locations
Boucherville, February 2nd, 2011 – The Master Group L.P. is very proud to announce its progression westward further into Ontario with the acquisition of 3 branches belonging to Ontario distributor Eastern Refrigeration Supply Co. Ltd. Two of these locations are in the Greater Toronto Area and the third is in Hamilton. The Master Group will gradually move into these 3 branches starting early spring 2011.
“After 60 years of operations in Eastern Canada, this expansion in the Toronto and Hamilton markets allows us to take an important step in line with our growth plans into new regional markets and prepares the way for a national platform” notes Michel Ringuet, CEO, The Master Group L.P. “We are more than happy to conclude this agreement, and are all motivated by the same objective: to deploy and provide the same level of service, expertise, quality, diversity and innovation that have made our company a leading player in all the markets it services.”
With regards to the personnel of these three establishments, The Master Group believes that they will be a major asset to its implementation and wishes to offer them a new working environment with new and exciting challenges, while preserving their values of employee loyalty and respect and maintaining a philosophy proper to that of Eastern’s.
About Eastern Refrigeration Supply Co. Ltd.
Family business based in Markham, Ontario, since 1963, Eastern Refrigeration Supply has earned its reputation particularly in the refrigeration sector. They are distributor for renowned brand names such as Copeland, Luxaire, Honeywell, KeepRite Refrigeration, Dupont and Sporlan
About The Master Group L.P.
The Master Group has lead the air conditioning, refrigeration and heating sectors for almost 60 years now and is the largest independent distributor in Eastern Canada. It employs some 400 dynamic and devoted individuals who serve the industry from over 15 branches and two distribution centres spanning from Ontario to the Maritimes.
Source: Nathalie Lajoie
Director, Communications and Marketing
Email : nlajoie