ADI Acquisition – Bouty & ADI Partnership
MONTREAL (Canada), May 10, 2016 – Mr. Eric Morin, President of Bouty Inc., is pleased to announce his acquisition of ADI – Art Design International Inc., a private company specializing in the design and manufacturing of office chairs.
The acquisition of ADI is Mr. Morin’s second in the office furniture industry, seven years after purchasing Bouty, formerly owned by the Bouthillier family for 60 years. Since its inception in 1986, ADI was owned by Messrs. Alain Charbonneau, Giovanni Iannazzo and Fathi Drira, who will all remain with the company.
Bouty and ADI will continue to operate independently and retain their respective core brand values, but will share best practices to improve both service offerings. Both companies’ customers will greatly benefit from the synergies resulting from these integration efforts.
“Bouty and ADI each possess very complementary strengths and competitive advantages, more specifically sales networks and territories, supply chain partnerships, as well as products and production techniques. Consequently, this transaction will be very beneficial for our customers, as it will allow us to better respond to their needs, improve our market presence, offer integrated solutions and optimize brand positioning.” said Mr. Morin.
With more than 80,000 square feet of floor space and close to 100 highly trained employees dedicated to the manufacturing of office chairs, the two plants’ production will be the largest in Quebec. “Alain, Giovanni and Fathi have built a unique company that offers specialized and adapted products for its customers, very short lead times due to a strong vertical integration of its operations and a well-established North American sales network. We are also very proud to consolidate jobs in the Quebec manufacturing sector with this transaction.” added Mr. Morin.
About ADI – Art Design International Inc.
Based in St-Hubert (Quebec) since its inception in 1986, ADI designs and manufactures a large array of office chairs for the North American commercial and institutional markets. Focused on ergonomics, ADI has developed a strong expertise in adapting its products to the user’s morphology. The quality and environmental management systems are certified respectively ISO 9001 and ISO 14001, and all the products are Greenguard certified.
About Bouty Inc.
Bouty is a privately held company founded in 1949 and specializing in the design and manufacturing of office chairs, offering its customers superior quality products, optimizing comfort, durability and aesthetics, while minimizing its environmental impact. All of the company’s manufacturing operations are based in Montreal-North (Quebec) and the quality and environmental management systems are certified respectively ISO 9001 and ISO 14001. All the products are Greenguard certified.