BID Group is thrilled to announce the successful finalization of its acquisition of YGE Inc. This strategic move not only enriches BID's offerings in the wood processing saw and tooling sector but also extends its industry-leading products and services throughout the entire operational lifecycle.

YGE Inc. is a forward-thinking supplier and service provider specializing in high-quality saw guides, grinders, and essential consumables tailored for the wood processing industry. Located in St. Raymond, Quebec, YGE has established strong partnerships with BID's product lines, projects, and manufacturing facilities across North America.

Simon Potvin, President of Wood Processing at BID, expressed his enthusiasm, stating, "We are excited to finalize this agreement with our long-standing partners, YGE and the Guillemette family. This marks another significant stride in meeting our valued customers' demands for cutting-edge, high-quality, and innovative saw and tooling technology solutions. This partnership builds upon our previous investments in Smith Sawmill Services, BLADE cutting tools, and the recently announced acquisition of Industrial Cutting Solutions in Alabama."

Yvon Guillemette, Owner of YGE, also expressed his satisfaction, saying, "I am pleased to transition our business to the BID Group. I would like to thank our team for their dedication and hard work in building YGE over the years. I am confident that this partnership will offer enhanced opportunities and benefits to our employees, suppliers, and customers."

 

Source:bidgroup.ca

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