Renaud-Bray Acquires Art Supply Retailer DeSerres
The acquisition includes 28 stores, Cadres Verbec, and Lamarche Importation, expanding Renaud-Bray's portfolio.
- Renaud-Bray has purchased DeSerres, a century-old art supply retailer.
- The deal encompasses 28 DeSerres stores located in Quebec, Ontario, Nova Scotia, and British Columbia, as well as the company's website.
- Included in the acquisition are Cadres Verbec, a framing supply service, and Lamarche Importation, a stationery distributor.
- Founded in 1908, DeSerres originally started as a hardware store before shifting focus to art supplies in the 1950s.
- Renaud-Bray's portfolio now includes bookstores, Archambault stores, Griffon toy shops, and distributors Prologue and Pierre Belvédère.