Supplier of composites raw materials Composites One (Arlington Heights, IL) announced that it has closed on the purchase of Canada-based BMB Solutions Composites (St. Hubert, QC), which supplies composite materials to the Canadian aerospace and advanced composites markets.
With this acquisition, Composites One says that it will be able to offer its extensive product line, technical support and dependable, local service to more customers in Canada. Serving the entire composites marketplace including construction, custom fabrication, marine, transportation, and aerospace markets, Composites One will now be in a better position to provide innovative and unique quality products and services to composites manufacturers, and in particular those in the advanced material space, the company added in a press release announcing the deal.
“We are looking forward to combining the experience and values of both organizations and creating an even stronger platform to service Canadian customers who produce products using advanced and traditional composites products. We will continue to work diligently to position ourselves as the supplier of choice by partnering with customers to help them grow their business,” commented Leon Garoufalis, President and COO of Composites One.
BMB Solutions is a leading supplier of composite materials and ancillary supplies in Canada. In addition to its location in Quebec, it also has a facility in Ontario.
“BMB Solutions has been committed to expanding our business by providing valued solutions to our customers over the last decade,”said BMB Solutions Composites President Patrick Morin. “Now with the strength and resources of a combined business, we will be even better positioned to drive that commitment in the marketplace.”