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Richelieu Hardware Ltd T.RCH

Alternate Symbol(s):  RHUHF

Richelieu Hardware Ltd is an importer, manufacturer and distributor of specialty hardware and complementary products. The Company’s products are targeted to an extensive customer base of kitchen and bathroom cabinet, storage and closet, home furnishing and office furniture manufacturers, residential and commercial woodworkers, door and window, and hardware retailers including renovation superstores. It offers customers a mix of high-end products sourced from manufacturers worldwide. Its product selection consists of over 130,000 different items targeted to a base of more than 110,000 customers who are served by 115 centers in North America -50 distribution centers in Canada, 62 in the United States and three manufacturing plants in Canada, specifically, Les Industries Cedan Inc., Menuiserie des Pins Ltee and USIMM/UNIGRAV, which manufacture a variety of veneer sheets and edge banding products, a broad selection of decorative moldings and components for the window and door industry.


TSX:RCH - Post by User

Post by bucheroncapitalon May 07, 2023 6:44am
236 Views
Post# 35435104

The next UNS

The next UNSLooking at the numbers RCH should be a potential take over target, with Uni Select UNS gone the next one should be RCH > very healthy finanacials good sales growth in the fragmented US market, a dominant position in Canada.  Virtually debt free and well implanted as a distributor it would be a superb add to a tool company.  It would be cheap to buy and is a turn key purchase. Any thoughts? It's a very quiet board normally!
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