Fenplast diversifies its activities with the acquisition of Ramp-Art[All News]
Candiac (Quebec), July 1st, 2023 – Fenplast, major manufacturer of windows and doors in Quebec, is pleased to announce today the acquisition, through its subsidiary Altek windows and doors, of Ramp-Art, a company that has been a leader for nearly 30 years in manufacture of custom aluminum and glass railings.
This strategic acquisition allows Fenplast to expand its activities beyond its usual fields of fenestration activities, while seizing a promising diversification opportunity. Indeed, Ramp-Art has a well-established clientele outside Quebec, thus offering significant advantages for the Fenplast group in terms of market expansion.
In addition, Fenplast is also announcing today the complete acquisition of Solarcom, a Quebec company specializing in the manufacture of custom aluminum fenestration products. Fenplast has acquired a minority stake in Solarcom last spring.
In both cases, the administrative structures and all the personnel will remain in place to continue operations and support the growth of the company.
Thanks to these strategic acquisitions, Fenplast is consolidating its position as a leader in the fenestration industry in Quebec. These new entities will strengthen Fenplast’s existing business and enable the company to provide an even wider range of superior products to its customers.
Mr. Jean Marchand, President of Fenplast, commented: “These acquisitions demonstrate our continued commitment to providing leading construction solutions to our clients in the housing sector. With the addition of Ramp-Art, we are expanding our product offering and consolidating our position in the construction field, exploiting new market opportunities beyond our traditional activities. In addition, the complete acquisition of Solarcom strengthens our expertise in the manufacture of custom aluminum fenestration products. We look forward to working with the talented teams at Ramp-Art and Solarcom to continue to provide excellent products and service to our customers.”
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