Exchange Income Corporation completes acquisition of Armand Duhamel & Fils Inc. for strategic expansion
Acquiring Company
Exchange Income Corporation
Acquired Company
Armand Duhamel & Fils
WinnipegQuebecManufacturingFinancial ServicesArtificial IntelligenceFinanceAerospaceManufacturingAgriculture and FarmingBuilding MaterialDescription
Exchange Income Corporation (EIC) has officially acquired Armand Duhamel & Fils Inc. (Duhamel), a Quebec-based company, for $19 million, with the potential to increase to $22 million based on post-closing targets. This strategic acquisition is expected to bolster EIC's environmental access solutions business line in the Quebec market and Eastern Canada, leading to comprehensive offerings for clients and ensuring a strong local presence for EIC.
Quick answer
Exchange Income Corporation is acquiring Armand Duhamel & Fils, announced June 24, 2024. Exchange Income Corporation is based in Winnipeg, Manitoba, Canada.
- How much did Exchange Income Corporation pay for Armand Duhamel & Fils?
- The deal value was not disclosed.
- What does Exchange Income Corporation do?
- Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: aerospace, aviation and manufacturing.
- Where are Exchange Income Corporation and Armand Duhamel & Fils based?
- Exchange Income Corporation is based in Winnipeg, Manitoba, Canada. Armand Duhamel & Fils is based in Quebec, Canada.
- Who are the decision-makers at Exchange Income Corporation?
- Fundz holds 1 contact at Exchange Income Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Armand Duhamel & Fils?
Armand Duhamel & Fils was acquired by Exchange Income Corporation, based in Winnipeg. The deal was reported on June 24, 2024. Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: aerospace, aviation and manufacturing. Exchange Income Corporation is privately held and operates in Manufacturing.
When did Exchange Income Corporation acquire Armand Duhamel & Fils?
Exchange Income Corporation's acquisition of Armand Duhamel & Fils was reported on June 24, 2024. Exchange Income Corporation (EIC) has officially acquired Armand Duhamel & Fils Inc. (Duhamel), a Quebec-based company, for $19 million, with the potential to increase to $22 million based on post-closing targets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Armand Duhamel & Fils do?
Armand Duhamel & Fils Inc. (Duhamel) is a privately owned Quebec-based company founded in 1965. It owns and operates a sawmill operation that manufactures products for customers in Quebec, Ontario, and Atlantic Canada. It is privately held, operating in Manufacturing, and is based in Quebec.
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