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SOPREMA strengthens its position in the market with the acquisition of CONVOY SUPPLY LTD.

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DRUMMONDVILLE, QC, Nov. 5, 2012- SOPREMA, which has its North American head office located in Drummondville, has owned 50% of CONVOY shares since 2001. With this full acquisition, the company adds another key component to its business strategy. Remaining true to its corporate philosophy, SOPREMA will encourage CONVOY to evolve as an independent entity.

Founded in 1972, the CONVOY company was established in British Columbia, and then expanded across Canada and the United States. The company now has 39 sales points and 735 employees. Its 2011 revenue was about $550 million.

This acquisition will allow SOPREMA to strengthen its means pertaining to product offering and to add to its expertise, business development and human capital.

SOPREMA is entrusting CONVOY leadership to Ms. Alma Garnett, who brings 25 years of experience in the field of building materials to the company. Ms. Garnett previously worked for Hunter, a subsidiary of Carlisle, specializing in thermal insulation.

About SOPREMA
SOPREMA is an international manufacturer specializing in the development and production of waterproofing products for the building and civil engineering sectors. SOPREMA operates in over 90 countries. The parent company is based in Strasbourg, France, where it has been since 1908. Since starting operations in Canada in 1978, SOPREMA has manufactured and installed millions of square metres of waterproofing membranes across the country. Each year, hundreds of building professionals choose SOPREMA for the quality of its products and the expertise of its work team.

For further information:
Mr. Dominic Jacques
Marketing and Communications Coordinator
SOPREMA
E-mail: djacques@soprema.ca  
www.soprema.ca  

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