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

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DRUMMONDVILLE, QC, Nov. 5, 2012 /CNW Telbec/ - 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.