GDI acquires SOS Janitorial
February 14, 2011
MONTREAL, QUEBEC — Distinction Group Inc. (GDI) is pleased to welcome SOS Janitorial Ltd. (SOS) to the GDI group, according to a press release.
Done through its subsidiary Omni Facility Services Canada Ltd., this acquisition will enable GDI to strengthen its service platform in Saskatchewan and generate approximately $5 million in additional annual revenues, the release stated.
"The acquisition of SOS will enable GDI to consolidate our position in the province and especially in the greater Regina area, as well as to further consolidate our service offering in remote areas," said Claude Bigras, president and chief executive officer (CEO) of GDI.
"This transaction is also in line with our strategic growth plan for the Canadian market and our commitment to creating shareholder value," Bigras added.
Click here to read the complete release.