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October 26, 2023

  

Protech Acquires MFExpanding its presence in the Canadian market, the Protech Group recently acquired MF Paints Inc., a prominent manufacturer and distributor of premium-quality architectural paints and stains based in Laval, Que. Montreal-based Protech has obtained 100 per cent of the shares of MF Paints, continuing its long-term commitment to the Quebec economy.

The acquisition took effect on October 7, 2023, marking a significant milestone for the Protech Group, as it broadens its horizons by expanding into the retail and commercial building paints market. MF Paints Inc. has been a known name in the Canadian paint industry for over 50 years, offering high-quality paints and stains. MF Paints is a household name in the eastern Canadian market, and 100 per cent of its products are manufactured in Laval.

“We are thrilled to welcome the talented management team and employees at MF Paints Inc. to the Protech family,” said David Ades, president, Protech Group. “The acquisition of MF Paints Inc. represents a combination of shared values and a commitment to excellence in the industry. Under the leadership of the Morello family, MF has grown into the pre-eminent paint brand in the Quebec market. Customers can anticipate continued access to premium, environmentally conscious paint products designed to meet the diverse needs of the Canadian market.”

Anthony Morello, president of MF Paints, added, “We are excited to join forces with Protech Group. This represents a unique opportunity to benefit from a like-minded, customer-centric organisation, with significant coatings expertise, and an international reach. Our clients will benefit from extensive expertise in new technologies and added manufacturing capabilities that will continue to fuel growth achieved in recent years. The continuity of MF Paints, for our loyal employees and customers, was an important consideration for the shareholders when deciding to join the Protech Group. I have no doubt Protech will continue to grow MF Paints with excellence and bring it to the next level.”

For over half a century, MF Paints Inc. has been a driving force in the Canadian paint and stain industry. It aims to offer premium-quality, 100 per cent Quebec-made products. With a strong focus on research, development, and personalised customer service, MF Paints Inc. has formulated products uniquely adapted to the demands of both residential and commercial projects.