OKAPLY Industries acquires VIZÜSOLUTION Inc.
by CM Staff
The acquisition increases the size of the wood components manufacturer.
LACHUTE — On Nov. 17, OKAPLY Industries Ltd announced that it has completed the acquisition of VIZÜSOLUTION Inc. The combination of these two companies will create a larger player in the production of panel and wood components of all kinds. They will continue to service manufacturers of furniture, kitchen cabinets, modular construction, RV’s and big box retailers.
Gilles Nantel, President of VIZÜSOLUTION confirms that he will remain on for another two years, ensuring a smooth transition and to participate in the growth of the business under the new ownership.
“I am very pleased to pass the torch to a strong organization and a team of seasoned managers who will ensure the future of the company I founded 8 years ago.”
OKAPLY’s major shareholders, Robert Hirscheimer and Craig Starke, are reportedly excited to take over a well-respected industry leader, in Canada and the United States.
“We look forward to working with Gilles, to grow this new organization and service more customers and markets.”
The customers and suppliers of these two companies hope to benefit from this alliance, having greater access to more services, with a larger fleet of equipment in the lamination and components industry.