Market News
10Oct2006 |
Pareto Buys Secom PlusToronto-based marketing services company, Pareto Corporation says it has purchased Montreal-based Secom Plus, a retail sales and merchandising company. Although terms of the deal were undisclosed, Pareto says the acquisition of Secom Plus—a firm with a client list that includes major retail and packaged companies such as L'Oreal, Bayer, Metro and Shoppers Drug Mart—is expected to generate "in excess of" $10 million in revenues next year. According to a release Secom Plus will continue to be managed by its founders Louis Demers and Johanne Jetté. http://www.pareto.ca/investor/ Source: Canadian Grocer E-Newsletter, October 10, 2006. 
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