Ficodis consolidates its presence in Abitibi region following the acquisition of Hydraulique C.L.
by CM staff
This acquisition represents the expansion of services offered by the Quebec-based company known for its industrial products.
MONTREAL — Quebec-based Ficodis, acquired Hydraulique C.L. With over 30 years of experience, this Abitibi-based company specializes in the sale, design, manufacture, installation, maintenance, optimization, modification and repair of hydraulic and pneumatic products, as well as in the manufacture of industrial hoses.
This acquisition strengthens Ficodis’ presence in the Abitibi-Témiscamingue’s mining region, while enhancing its technical services. The addition of Hydraulique C.L. allows Ficodis to expand its offering through the hydraulic and pneumatic services. The last acquisition in the region occurred in 2021, when IBS-TUBOQUIP, a company specializing in the distribution of power transmission supplies and fluids, joined Ficodis.
“The acquisition of Hydraulique C.L. allows us to further expand our technical services offering”, said Frank Mascia, Vice-President, Power Division, Ficodis. “The addition of their highly diversified technical knowledge will allow Ficodis to further expand its value proposition by providing a better turnkey solution offering to our customers.”
With a team of four employees and over 25 years of experience in hydraulics, Hydraulique C.L. was focusing on the development of new markets and safety innovations, in collaboration with mining companies. The acquisition by Ficodis will therefore allow the company to meet these challenges, while offering Ficodis’ clients a wider range of services.
This acquisition follows the group’s most recent addition, JMS INDUSTRIEL, a Thetford Mines-based mechanical services company which was acquired in July.
