Wolseley Canada acquires AMRE
July 4, 2018
Wolseley Canada has added AMRE Supply Company Limited to its portfolio of brands.
Headquartered in Edmonton and celebrating 50 years in business in 2018, AMRE has 12 ”Property Performance Centre” locations across Canada in Richmond, Surrey, Edmonton, Calgary, Saskatoon, Winnipeg, London, Windsor, Hamilton, Mississauga and Scarborough.
The company sells HVAC, plumbing, appliance, electrical and property maintenance parts, equipment and supplies required by tradespeople, homeowners, service contractors and professional property operators.
With the acquisition, over 200 AMRE employees will join Wolseley. AMRE president, Doug Swane, will join Wolseley as a divisional president and will lead the business. AMRE and its branches will continue to operate under the ”AMRE Supply” brand for the foreseeable future.
”This is a fantastic opportunity for AMRE to build on its 50 years in business,” said Swane. ”Wolseley is a leading distributor in Canada with a vast distribution network of over 220 locations across the country, which will enable us to expand our market reach and product offerings. Wolseley represents an excellent fit for all aspects of AMRE’s business.”
”AMRE’s success is the result of three generations of dedication to its customers, and over that time has developed an outstanding reputation in the marketplace for its customer service excellence,” said Kevin Fancey, president of Wolseley Canada.”This acquisition strongly aligns with Wolseley’s strategic imperatives. AMRE’s innovative multichannel approach, exceptional e-commerce platform and success in the markets they serve were key reasons that we saw this acquisition as highly complementary to our business.”