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The Master Group acquires Qubec distributor Frivent Inc.


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May 22, 2015

The Master Group Inc. has acquired Frivent Inc., a Québec supplier of ventilation and energy saving equipment effective May 19, 2015. The acquisition allows The Master Group to strengthen its position in the ventilation sector.

“In recent years, Master has invested in the development of this sector in order to become a leading player, either
through acquisitions or even opening a branch entirely dedicated to ventilation,” said Louis St. Laurent, president of The
Master Group Inc. “All these efforts have been successful and we see in the acquisition of Frivent, a dynamic, respected
company recognized for its expertise, a natural and promising continuity in the development of this field of activity.”

“Over the years, Frivent has earned a reputation and a place in the ventilation sector thanks to its expertise and the
quality of its services and facilities,” said Daniel Thivierge, a partner with Frivent Inc. “We are very pleased to be joining an
organization as respected as Master because this transaction also represents for our company a natural continuation and
a stepping stone towards improved competitiveness, greater flexibility and access to a large range of renowned products.

Thivierge, along with Luc Bérubé, who is the other partner in the firm, will remain at the Léger Street office in Sherbrooke, as will three other staff members.


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