SPI continues its growth with the acquisition of Superior Safety Inc.
SPI is extremely pleased to announce the acquisition of Superior Safety, a Canadian leader in the health and safety and fire protection sector
This acquisition is a major step in the company’s operational activities and its vision of expansion in Canada and internationally. The new entity will generate about $100 million in annual revenue and will have 29 locations, spread out across Alberta, Saskatchewan, Ontario and Quebec.
Superior Safety, which will continue to operate under its name, has been recognized for nearly 40 years for its occupational health and safety products and services and its complete line of fire-protection products. The company has 13 locations across Canada and 147 employees, including 50 qualified fire-service technicians. As an active member of the NAFED (National Association of Fire Equipment Distributors) the company has, over the years, maintained a range of products and services that are on the cutting edge of current requirements and standards.
“SPI and Superior Safety complement each other with their employees' expertise, branch network, and product and service offering. Also, Superior Safety is a family-owned business that shares with SPI the same values and commitments to offering its customers the outstanding services they expect. With this acquisition, SPI is completing a major step in its growth plan,” stated SPI president and CEO, Martin Tremblay, who is planning to conduct other major acquisitions in the years to come.
Continuity and expertise at Superior Safety Inc.
This expansion and joining of forces will be beneficial to the two companies as well as their customers. Superior Safety and SPI will thus be offering a comprehensive, Canada-wide solution which addresses the issues and concerns businesses face in meeting their health and safety objectives.
"This transaction is the ideal scenario to ensure the growth and continuity of Superior Safety's operations," declared Superior Safety president, Doug Coppin. “We are more prepared than ever to fulfil our mission, which is to ensure the occupational safety of Canadian workers.” . Indeed, current shareholders of Superior Safety will continue on as shareholders and managers at SPI Health and Safety.
About SPI
Founded in 1972, SPI is one of the Canadian leaders in the field of occupational health and safety products and services. SPI currently has some 350 employees and an extended network of 29 locations, including branches and fire-protection service centres across Canada. The company also owns a manufacturing subsidiary specializing in the production of flame-retardant clothing. A partner to its customers, SPI is committed to providing the highest degree of protection to Canadian workers.
Source:
Isabelle Delphine
Marketing Consultant, SPI
Tél.: 450 420-2012, ext. 244
