Cie Normand has been acquired by Metal Pless
The current owners of Cie Normand Ltd., the fifth generation of Normand brothers, have sold the company to Metal Pless Inc.
Cie Normand is a Canadian specialist in snow-removing industrial equipment, with distribution in North America and Europe. Established in 1857, the company has been owned by its founding family throughout its 163-year-long history.
Metal Pless designs, manufactures and distributes snow plows and pushers. The company’s products include tractors, wheel loaders, skid steers, backhoes, sidewalk vehicles and graders. At the helm of Metal Pless is a visionary serial entrepreneur who is building through acquisitions a distinguished Canadian leader in snow-related services, technologies and industrial equipment.
Oaklins’ Team performed to the best of our expectations from beginning to closing. We attempted to sell our business in the past, and this time we truly benefited from the high value-added brought collaborating with Oaklins. Throughout the process, Oaklins understood our priorities as well as provided its best effort to improve and protect our terms. Oaklins walks the talk of putting its clients’ interest first.Alain Normand, President
Oaklins’ team in Canada successfully managed a sell-side auction process on behalf of the Normand brothers. In so doing, the team further ascertained its unique expertise in family business transition. These are emotionally-charged processes in which Oaklins excels, where value maximization matters nearly as much as business culture’s preservation and stakeholders’ respect.
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Montreal, Canada
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Montreal, Canada
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