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80/20 Announces the Acquisition of Flexpipe
Columbia City, IN – 80/20, LLC ("80/20") announces the acquisition of Les Industries Flexpipe, Inc. ("Flexpipe" or the "Company") of Farnham, Quebec. Flexpipe is a manufacturer and distributor of steel modular framing structures and material handling systems used predominantly in lean manufacturing applications.
80/20 partnered in the transaction with Flexpipe’s owners, Julien Depelteau and Sylvain Lejour, as well as its management team led by General Manager, Benjamin Ricard. Doug Waldal, CEO of 80/20, said, "Flexpipe has developed an exceptional brand and expands 80/20’s product offering along with opening up new customers and applications. We are excited to partner with the team and look forward to growing the combined business together."
Julien Depelteau, CEO and President of Flexpipe, said, "We’re exceptionally proud of what Flexpipe has accomplished and look forward to the next phase in the Company’s growth. 80/20 carries an outstanding reputation in the industry and is an excellent fit for Flexpipe to continue serving our customers and employees."
