In a Spirit of Continuity Pro-Par Joins the Granby Industries Family

SHERBROOKE, QUÉBEC--(Marketwired - Aug. 14, 2013) - It is official and effective today: Pro-Par has joined forces with Granby Industries. As a recognized and important manufacturer of storage tanks, dispensers and transport units for the Canadian propane industry, Pro-Par will preserve its know-how while continuing in its plans to grow alongside its new owner.

According to Robert Parsons, president and founder of Pro-Par, "I am very happy to pass the torch to Granby Industries, a solid company with a clear plan for success. I feel very confident that Granby Industries will ensure continuity at Pro-Par by maintaining jobs, upholding product quality standards, caring for clients, and building on our expertise."

With continuity in mind

This transaction takes place in a spirit of continuity. The company name, the current management team, people, existing facilities, and support programs will remain the same towards Pro-Par's existing clientele. Pierre Fournier, president and CEO of Granby Industries, added that "Pro-Par is an established leader in its industry. The quality of the team in place is inextricably tied to any present or future success. Our intention is to provide all necessary support at all levels to ensure growth without changing the values of Pro-Par. By joining the Granby Industries family, the Pro-Par team and its clients will count on a wider expertise that will be profitable to everyone".

"While expanding Granby Industries' production capacity, extending its product offering and broadening its field of action, this acquisition is also about expertise and know-how that will indeed add value to all of our products. It's about building something bigger than the sum of our parts, it's about mutual growth" continued the CEO.

About Granby Industries

Since it was founded in 1954, Granby Industries has become the North American leader in the manufacturing and distribution of residential, commercial and industrial steel tanks for the safe storage and distribution of petroleum products. With environmental concerns at the forefront, Granby Industries follows a strict policy for managing environmental impacts and develops alternative products and services to help reduce dependency on oil.