RIVIÈRE-DU-LOUP, QC, Jan. 28, 2014 /CNW Telbec/ - Frédéric Lebel,
President and CEO of Groupe Lebel, confirms that the Group has
officially made a purchase of Cambium Group, which operates primarily
in the processing industry of wood. However, the amounts of the
transaction remain confidential.
This important acquisition by Groupe Lebel comes as consolidated
activities while emphasizing the synergy of intergration of forest
operations to finish product cycles.
Mr. Lebel says that following the transaction, Groupe Lebel now has a
team of 400 employees who aim to provide products always meet the
changing needs of their customers.
Groupe Lebel now operates five sawmills and 8 added values which five
are located in Bas-St-Laurent.
Recall that Groupe Lebel has been in business since 1956. The company is
creating nearly 400 direct jobs across 10 locations in Bas-St-Laurent.
Groupe Lebel is a leading manufacturer of timber in Eastern Canada to
be fully vertically integrated, cutting trees to delivery of finish
Image with caption: "Groupe Lebel (CNW Group/Groupe Lebel)". Image available at: http://photos.newswire.ca/images/download/20140128_C5746_PHOTO_EN_35995.jpg
SOURCE: Groupe Lebel
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