Fibrobec
Robert Thibault and Frédéric Albert
Fredac Corp
FREDAC CORP. is an investment firm that seeks to propel Quebec entrepreneurship by acquiring existing manufacturing companies to accelerate their growth, here and abroad.
5
business days
for a response
10
days for a
letter of intent
Innovate to retake
Integrity
Respect
Transparency
Manufacturing production
Industrial products
Consumer products
Fredac’s management team understands the reality of entrepreneurs who want to sell their business and seeks to offer the best possible return to the transferor (owner) in a transaction.
Integrity, respect, and transparency are the values at the center of our approach. In addition, the Fredac team ensures the development and long-term influence of the companies it acquires by promoting an innovative management approach and a global vision for each project.
Our experienced and versatile team understands today's entrepreneurs' operational and financial challenges. When we acquire companies, we provide active support and operational expertise in the manufacturing sector that makes a difference and injects capital for long-term development. We want the companies we acquire to develop a competitive advantage and increase profitability.
We work closely with existing management teams to assess strengths and weaknesses and implement successful new business models. We explore industry consolidation options that can help develop their technologies, optimize their operations and increase their market shares.
Integrity
Respect
Transparency
Integrity
Respect
Transparency
Fredac Corp.
Our approach to developing business potential.
01
Acquire
→
02
Maximise
→
03
Optimize
→
04
Improve
→
05
Develop
→
06
Accelerate
→
01
Element 01 of 06
Acquire.
Acquire Quebec manufacturing companies with strong growth potential.
02
Element 02 of 06
Maximise.
Maximise the value of the transactions to get closer to the amount expected by the transferor.
03
Element 03 of 06
Optimize.
Optimize business processes with innovative methods.
04
Element 04 of 06
Improve.
Improve productivity by investing the capital and resources needed for development.
05
Element 05 of 06
Develop.
Develop specialized market segments, imposing product and manufacturing leadership.
06
Element 06 of 06
Accelerate.
Accelerate growth and generate value by creating synergies and strategic alliances.
Our mission.
Acquire Quebec manufacturing companies with strong export growth potential through the injection of strategic capital and the implementation of effective management methods, which will allow the transferor to maximize its gain.
Strategy
Fredac Corp
5
business days
for a response
10
days for a
letter of intent
1
Look for opportunities with great potential
+
We are on the lookout for interesting investment opportunities to quickly assess the potential and see if an offer is possible.
2
Analyze the company
+
Once an opportunity is found, we analyze the company in detail to clearly understand the situation and discuss it with the owner.
3
Engage the discussions
+
If the analysis is positive, we are committed to responding within 5 business days, whether our answer is positive or negative. Following a positive response, we promise to submit a letter of intent (LOI) within 10 days of a positive response.
4
Evaluate the business for sale
+
As corporate buyers and investors, we want to obtain a valuation of the target company to negotiate the terms of the takeover transaction with the transferor. If the project is important, we mandate an audit firm to conduct a full acquisition audit.
5
Plan a business recovery
+
After making a complete assessment of the target company and concluding that this transaction could be a good opportunity, we work on developing the company’s recovery plan in collaboration with the relinquishing owner. The legal structure of the takeover operation follows, and the operational recovery plan details the strategy we want to implement by buying the company.
6
Negotiate business transfer
+
Several negotiation sessions can take place before and during the development of the business transfer (recovery) plan.
7
Conclude the sale and prepare for the transition
+
When the letter of agreement (LOA) has been drafted and approved, the conditions precedent lifted (obtaining financing in particular), and the agreed date of sale set, the steps related to the sale are carried out: signing of the sale, completion of formalities, the release of funds and payment of the price, entry into office, etc. We attach great importance to the transition phase, which is usually planned between the buyer and the transferor so that the change is smooth and the new entrepreneur has time to integrate and understand his functions, as well as the workings of the company.
Fredac Corp
SMBs in the manufacturing sector with 25 to 100 employees, with annual sales of 5 to 25 million, established in Quebec.
25–100
employees
$5–25M
in annual sales
50% + 1
majority position minimum, with full takeover within 5 years
Industries targeted
Manufacturing production
Industrial products
Consumer products
General criterias
Strong preference for companies generating positive cash flow and sustainable profitability. Strong potential for growth and market consolidation. Companies with a unique or competitive advantage in terms of technology, positioning, or business model.
Robert Thibault and Frédéric Albert
Frédéric Chabanne, Louis Roy and Frédéric Albert
Frédéric Albert, Michel Laurin and Frédéric Chabanne
Fredac Corp
Frédéric Albert
President
Frédéric Chabanne
Manufacturing operations management
Étienne Bouchard
Management and administration of commercial activities
Pierre Cloutier
Business accounting
Éric Galego
Operations management
Peter Sandke
Operations management
Martin Dion
Head of Communications
Maria Mayorga
Talent acquisition specialist
Frédéric Albert
President
After an impressive career in the pharmaceutical and retail sectors (Telus Mobility, Alberto Culver and JAMP Pharma), Frédéric joined Fibrobec Industries, where he is currently the Chairman and majority shareholder. Recognized as an accomplished administrator, Frédéric has developed several business models over the last twenty years. He holds a Bachelor’s degree in Finance from UQAM and has contributed to the founding of the Churchill Clinic, on learning disabilities and language, and the Florida real estate complex Dack Properties (WeRentParadise.com)
Frédéric Chabanne
Manufacturing operations management
Frédéric is currently vice-president of production and shareholder of Fibrobec Industries, where he also sits on the board of directors. He excels in the reengineering of manufacturing processes and the optimization of the production chain. Before joining Fibrobec in 2011, he worked at NORTEL and partnered with several small and medium-sized businesses of the last decade.
Étienne Bouchard
Management and administration of commercial activities
Étienne is the General Manager of Fibrobec Industries since 2017 and is responsible for all of the company’s activities in Canada and the United States. He has a B.A.A. in marketing from HEC Montréal and fifteen years of experience in business development in the telecommunications industry. He brings a strategic vision to the company and specializes in setting up processes and implementing good practices.
Pierre Cloutier
Business accounting
As an accountant, Pierre is currently a controller for several companies, and he oversees the proper functioning of all accounting and financial activities at Fibrobec Industries. He holds a BBA from HEC Montréal in accounting and is a CPA-CMA member. He has more than 30 years of manufacturing experience, including over 20 years at Fibrobec.
Éric Galego
Operations management
Éric has extensive experience in sales and production team management in both aerospace and industrial diesel machinery. In addition, Éric excels in sales management, distribution networks, custom manufacturing, and business development. He brings energy, realization, and a strategic vision to the company.
Peter Sandke
Operations management
Peter is an experienced manager and is at the forefront of business development. He is responsible for implementing the management concepts of the Fredac Group.
Martin Dion
Head of Communications
Martin is Head of Communications at Fredac, where he oversees communications strategy and content development. His expertise in writing and public relations, as well as his mastery of digital tools, enable Fredac to strengthen its visibility and effectively engage its audience.
Maria Mayorga
Talent acquisition specialist
Maria made a significant career shift in 2022, leaving the sales and representation field to join the Fredac group and spearhead the immigrant worker program. This transition underscores her adaptability and commitment to taking on new challenges. Her role at Fredac is pivotal, as she has the capabilities and contacts to recruit and train inexperienced staff within tight deadlines, thereby preventing production slowdowns. Her responsibilities extend to all aspects of employee integration, from transportation and language training to housing and immigration procedures.
“We’re not only trying to buy companies, we’re using innovative ways to reveal the potential of manufacturing companies in Quebec.”
Frédéric Albert
President
Business transfer
Pharma
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