GNI Management Group Inc. has acquired Winnipeg-based Advanced Insulation Inc., marking a strategic expansion into the Manitoba market to enhance insulation service offerings.
Information on the Target
GNI Management Group Inc. has successfully acquired Advanced Insulation Inc., a premier insulation services provider based in Winnipeg. Advanced specializes in insulation solutions tailored for both the new-home construction sector and the retrofit market within the Winnipeg area. This acquisition positions GNI to leverage Advanced’s established presence and expertise to enhance its service offerings in the region.
Bill Maginas, CEO of GNI, highlighted the strategic significance of this partnership, emphasizing the potential for significant market expansion. Advanced Insulation’s existing client base and reputation in the Winnipeg area will complement GNI’s operational strengths, paving the way for a mutually beneficial collaboration.
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GNI Management Group Inc.
invested in
Advanced Insulation Inc.
in 2023
in a Buy & Build / Roll-Up deal