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Buying a business with strong growth potentiel: Apromising strategy for the right team

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These partners specialize in the acquisition and revitalization of manufacturing companies Frédéric Albert and his partner Frédéric Chabanne not going to rest on their laurels. Having successfully completed a first acquisition of a struggling company, the partners quickly started searching again for a new business acquisition target. “We needed a new challenge,” said Frédéric Albert, who has known his…

Fredac acquires Laurin Containers with financing from BDC Capital

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Laval, July 8, 2019—BDC Capital’s Growth & Transition Capital division has provided $1 million in financing to Fredac, the investment firm of entrepreneurs Frederic Albert and Frederic Chabanne, to acquire Laurin Containers, a manufacturer of steel refuse containers. This is the first acquisition in the steel industry for Fredac, which has the objective of becoming a leader in the steel product…

Frederic Albert and Frederic Chabanne acquire Laurin Containers

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Frederic Albert and Frederic Chabanne acquire Laurin Containers from Michel Laurin, son of founder Denis Laurin. The management group decided to breathe new life into the business. Laurin Containers will focus in the next few years on the production of its environmental containers. The goal? Continue to offer high-quality containers while optimizing production times and…