Métal Duquet acquires Atelier du Chef
This transaction will bring together a hundred employees who are currently deployed in several locations.
Sales & Marketing
Food & Beverage
SAINT-CÔME-LINIÈRE — Métal Duquet, a Quebec-based manufacturer of integrated stainless-steel systems and equipment for the food services sector, announced on May 3 that it will be acquiring a majority stake in Atelier du Chef, another Quebec manufacturer in the field.
“Through this acquisition, we are forming a dream team that will develop a 360-degree “oven to table” offering, creating synergies in areas ranging from custom manufacturing to state-of-the-art equipment technology, delivery, and installation,” said Peggy Duquet, President of Métal Duquet, who will head the new combination.
This transaction will bring together a hundred employees who are currently deployed in several locations: Métal Duquet’s manufacturing plant in Saint-Côme-Linière and its distribution center, and Atelier du Chef’s three strategic branches located in Saguenay, Quebec City and Boucherville. Subsequently, Atelier Du Chef maintains its operations under its brand. They will generate an approximately combined annual sales of $40 million.
“Bringing together the two businesses’ complementary assets, talents, and expertise will facilitate the consolidation of logistics and purchasing agreements as well as a range of other synergies. The current employees will keep their respective positions. It’s very exciting,” said Michel Grenier, Atelier du Chef’s President, who will then take on the role of Senior Consultant.
The two companies are hoping to build on a previous partnership that has been established over the years. “Our partners, suppliers and teams have enabled us to get where we are today. We expect our relationships and operations to continue to flourish during the coming years,” says Ms. Duquet.