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The Protech Group acquires Peintures MF Inc., thus developing its presence in the Canadian market

Protech Group is pleased to announce the acquisition of Peintures MF Inc., a leading manufacturer and distributor of premium quality architectural paints and stains based in Laval, Quebec. Protech, based in Montreal, acquired 100% of the shares of Peintures MF, thus continuing its long-term commitment to the Quebec economy.


The acquisition, effective October 7, 2023, marks an important milestone for the Protech Group, which is broadening its horizons by entering the architectural paint retail market. MF Paints is a trusted name in the Canadian paint industry and primarily in the Eastern Canadian market. For over 50 years, it has been offering high-quality paints and stains, 100% manufactured in Laval, Quebec.


The acquisition of Peintures MF is part of the Protech Group's strategic vision to diversify and strengthen its presence in the Canadian market. It brings together the vast experience and resources of the Protech Group, as well as the long-standing reputation and expertise of Peintures MF. Protech is committed to providing support and leveraging its purchasing power, technical expertise and manufacturing capabilities to MF Paintings to improve its market position and expand the product range. offered.

“We are delighted to welcome the talented management team and employees of MF Paintings to the Protech family,” said David Ades, President of Protech Group. “The acquisition of MF Paintings represents a combination of shared values ​​and a commitment to excellence in the industry. Under the leadership of the Morello family, MF Painting has become a respected paint brand in the Quebec market. Customers can expect continued access to premium quality, environmentally friendly paint products designed to meet the diverse needs of the Canadian market.


Anthony Morello, President of MF Paintings, added: “We are delighted to join forces with Le Groupe Protech. This represents a unique opportunity to benefit from synergies with a like-minded, customer-focused organization with significant coatings expertise and international reach. Our customers will benefit from extensive expertise in new technologies as well as additional production capabilities that will continue to fuel the growth achieved in recent years. Ensuring the continuity of Peintures MF, for the benefit of our loyal employees and customers, was an important consideration for the shareholders when they decided to join the Protech Group. I have no doubt that Protech will continue to develop MF Painting with excellence and will succeed in bringing it to the next level.

 

Source: Protech Group

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