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STRONGCO ACQUIRES THE
CHAMPION LINE IN QUEBEC
MISSISSAUGA,
ONTARIO - Monday, November 2, 1998, 11:31 AM EST
Strongco Inc. today announced that it has been awarded
the exclusive distribution rights to the Champion motor grader product
line for the province of Quebec, effective January 1, 1999. Strongco is
currently the Champion distributor throughout all of Atlantic Canada.
Consequently, as of January 1, 1999 it will be the sole distributor of
Champion motor graders from the Ontario/Quebec border east.
"We are delighted to expand our relationship with the manufacturer of
this market-leading product", said Larry Pirnak, Strongco's Chairman.
"This transaction is consistent with our strategy of acquiring
equipment lines and companies which can be immediately combined within
Strongco's existing facilities and supported by its administrative
infrastructure. It is also in line with our objective of carrying the same
key product lines in contiguous territories."
In addition to Champion, Strongco is the exclusive distributor of Volvo,
Hitachi, Ingersoll-Rand, Cedarapids and similar leading product lines in
Quebec and Atlantic Canada.
Strongco is one of the largest multi-line equipment distribution companies
in North America. Based in Mississauga, Ontario, Strongco sells, rents and
services mobile equipment to users in the construction, municipal, mining,
forestry and industrial sectors of the economy from branch locations
across Canada and in the mid-Atlantic region of the United States.
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