August 24, 2017 (Montreal, QC) — Raymond Lanctôt Ltd. (Lanctôt) announces that it has recently acquired NRG Enterprises of Nelson, BC. NRG is an authentic rider-owned cycling distribution company based in Nelson BC. NRG has been at the forefront of mountain and urban cycling in Canada for almost 30 years. They are avid cyclists who are passionate about the bike business.
“This acquisition provides us with a solid foundation to grow our Bike Division,” said President Diane Lanctôt.
Jean Cloutier, VP Operations added, “The employees of both companies share an addiction for the mountains and the active outdoor lifestyle. Lanctôt operates from a state-of-the-art 60,000 sqft facility in Montréal and we want to add some of our resources to NRG to make it easier for dealers to do business with them.”
“There is an exciting future for NRG with this acquisition. Lanctôt’s financial, IT and warehousing resources will combine with NRG’s core cycling culture to create a new powerhouse in Canadian cycling distribution,” said Ramin Sherkat, the former owner of NRG Enterprises who will now act as a consultant.
About Lanctôt Ltée
Since 1953, Lanctôt has been a leading Canadian based distributor of premium sporting goods, apparel and eyewear. www.rlanctot.com Contact: Jean Cloutier, V.P. Operations. email@example.com (514) 731-6841 #227
About NRG Enterprises
Since 1989, NRG has been a distributor known for its bike fanatic staff and Westcoast Nelson Culture www.nrgenterprises.com . Contact: Ramin Sherkat, President firstname.lastname@example.org (800) 665-4362