CHENEVILLE, Que. — Groupe Yves Gagnon, a chain of home centres in Quebec, which left BMR Group on January 1, has announced that the distribution company that supplies it has joined Octo Purchasing Group.
While BMR offers distribution, as well as retail support, including a banner and branding, Montreal-based Octo operates behind the scenes to aggregate purchases among its members. Groupe Yves Gagnon operates five stores in smaller communities in Quebec. It also has a truss and wall panel manufacturing division called Évolution Structures.
Geneviève Gagnon also owns Évolution Distribution, based in St-Jérôme, Que. This distributor, which supplies both Groupe Yves Gagnon and Évolution Structures as well as one other dealer, has officially joined Octo.
Yves Gagnon, who was formerly president and CEO of BMR, established the retail business in 1973. Today, these businesses are managed by Gagnon’s daughter, CEO Geneviève Gagnon, while he serves as president of Groupe Yves Gagnon.
(Full story on the move by the Gagnon stores to Octo appears in this week’s white-hot edition of our weekly Hardlines newsletter. Make sure you get the full story. Click here to try out Hardlines yourself for a month at no cost. It’s on us!)
