Lighting & HVAC
Stelpro Group acquires floor heating player Flextherm
By Anthony Capkun
November 2, 2020 – The Stelpro Group (owner of Stelpro, a player in North America’s electric heating industry) has acquired electric floor heating system manufacturer Flextherm.
“We are excited about rolling out the full potential of the synergy between Groupe Stelpro and Flextherm, which is based on common values such as manufacturing in Quebec, continuous innovation and high quality and service standards,” said Yves Chabot, president of Groupe Stelpro.
“I’m very proud of what I’ve managed to build with my team,” said Philippe Charron, who founded Flextherm in 1991. “I’m confident that the company’s continued development will be in good hands with Groupe Stelpro, another successful Quebec company that shares our family culture and values.”
Flextherm will retain its structure, independent of Stelpro, and its production activities will continue to take place at its 50,000-sf Longueuil plant. The Flextherm, True Comfort and Flexdeco product lines will continue to be available through their respective distribution channels, and the same teams of sales and customer service experts will provide the service.
Groupe Stelpro employs over 600 people and has plants in Saint-Bruno-de-Montarville, Longueuil and Shawinigan. It is also a regular member of Canada’s Best Managed companies.