December 1, 2017 - Coquitlam, British Columbia - Skidmore Group announced today that it has completed it’s 6th transaction of the year. Today, Skidmore is proud to announce it’s most recent acquisition of Citation Kitchens in Richmond, British Columbia. The purchase of Citation Kitchens this year adds scale to Skidmore's custom kitchen manufacturing arm. Earlier this year, Skidmore Group acquired Novus Glass British Columbia and Kitchen Art Design as wholly owned subsidiaries and divested Novus Glass Inc. and Speedy Glass USA.
“I am incredibly proud of the work the team has completed this year. These 6 transactions have created a strong foundation for 2018, said Garry Skidmore, President of Skidmore Group. This most recent acquisition is aligned with our 2 year strategic plan of adding another 6 - 8 companies to our portfolio by 2020.”
The Skidmore team is executing on its strategy that it co-developed with Deloitte and CIBC. Over the last 2 years, the organization has pivoted from operators of glass and telecommunications businesses to active and passive investors. “Leading change in any organization is never easy but if you surround yourself with the right team and plan you will be setup for success, said Rick Christiaanse, Chief Commercial Officer at the Skidmore Group. We set a strategy and have brought in the right partners and created the checks to drive accountability.”
Citation Kitchens is a leading local manufacturer of kitchen cabinets, bathroom vanities, and custom cabinetry for all the areas of your home. We have talented in-house designers that specialize in both new homes and renovations, and a knowledgeable & experienced technical support staff that can help you bring all your dreams and expectations to life.
The Skidmore Group is a family enterprise that turns good businesses into great companies. We believe in the entrepreneurial spirit and creating value from collaboration, commitment, excellence and the process of innovation. In partnering with Skidmore, companies benefit from 70 years of deep operational experience and financial resources to transform results.
For Media information, contact Matthew Cosar at email@example.com