In July, the Redco Group® (“Redco”) acquired Industrial Plastics & Paints (“IP&P”). The acquisition grows Redco’s presence in the North American plastics market and provides IP&P with the support and resources to continue to grow in their market space.
Says Graeme Fraser, President & CEO of The Redco Group®, “We have always been very innovative and growth focused, and we are pleased to continue that path by having Industrial Plastics join our group.” He continues, “Industrial Plastics and Paints has tremendous opportunity for growth and matches our philosophy of innovation with their focus on being Canada’s first and largest retailer of 3D printing technology.”
IP&P will join Redco as an independent business unit, under the direction and leadership of IP&P General Manager Ron Sherring. No changes to the company’s operations are planned. Customers can expect the same exceptional service and knowledgeable staff to support their needs, while benefiting from Redco’s over 50 years of specialization in solution-based plastics support.
Sherring expressed his excitement about the company now being a member of The Redco Group®. “Not only does this provide us with a world of growth opportunities but it also ensures that IP&P has management succession to lead us into the future.”
The Redco Group®, founded in 1971, is a pioneering specialist in the manufacture and distribution of industrial plastics and rubber. With facilities across North America that serve both local and international markets through its operating companies, Redwood Plastics & Rubber Corp.® and Nylatech Inc®, Redco provides innovative solutions to industry’s most challenging problems.
